Pravit Jarriyapurttipong
Buffalo New York Mutifamily
14 January 2025 | 4 replies
Cheap houses in lower class neighborhoods will get you cash flow with a lot of headache.
Robert Zajac
Managing my manager - how to best approach maintenance requests
19 December 2024 | 9 replies
Most property managers don't charge any markup.
Susan Sheraton
Service Link - THE ABSOLUTE WORST
11 January 2025 | 1 reply
They close hundreds of loans a month and charge you for any hold up on their end.
Ram Gonzales
Creating a debt fund for owner finance strategy
14 January 2025 | 27 replies
That is not something you typically can charge an owner on an owner finance deal. 2.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
Many hospitals have staff in place who are in charge of placing traveling professionals.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Typically needs 20% down, but offers lower rates and you can ditch the PMI (private mortgage insurance) once you reach 20% equity.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Getting a loan to payoff another loan with a lower interest rate doesn't make any sense. we do private lending and can get double digits returns consistently.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
For example: This month they charged a full month for tenant placement fee then, the same month, they charge a PM fee.
Tannia Castro
New to Rental Property Investing
15 January 2025 | 8 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!