Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.
Polat Caglayan
invest in detroit
8 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Anthony Simeone
Gainesville STR Market
21 January 2025 | 9 replies
I also wonder if some hosts only list during football season and then transition to mid-term rentals (MTRs) the rest of the year.New Tax Changes Coming in January 2025Starting January 2025, Airbnb will automatically collect and remit the 5% tourist tax for Gainesville.
Gustavo Delgado
why should we still invest in real estate?
4 January 2025 | 25 replies
Nothing to get crazy about but no need to deal with tenants, property taxes, repairs, vacancies, etc. just sit back and collect.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
What if they have collections or judgments?
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
.- >65K in rent collected- having someone to bring in Amazon packages when it is raining outside- generally having someone to watch over the property when out of town oftenI think the headache is worth it.
Andrew Rodriguez
My Involvement in Fixer Upper
13 January 2025 | 9 replies
.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
Michael Mulholland
Using STRESSA and RENTREDI
25 December 2024 | 2 replies
I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.
Christi Wolverton
Credit card payments declined
16 January 2025 | 6 replies
Do they offer to help you collect or file a claim against them?