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26 July 2024 | 10 replies
@Michael Smythe I 100% agree that some tenants play the memory loss game and like to be difficult.
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26 July 2024 | 8 replies
There were damages and loss of rent.One of the local utility companies verified there was no transfer of service.
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25 July 2024 | 20 replies
Cut your losses counter offer and settle unless the amount is absurd.One of my lawsuits ran $150,000 in legal fees because I wouldn't settle for $2,000,000.
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25 July 2024 | 11 replies
That way you don't have to immediately worry about a big loss in cash flow starting in Aug.
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25 July 2024 | 3 replies
Of course I had some tough losses, but that why it’s limited to 10% (at my age; for someone younger might want that percentage much higher).
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24 July 2024 | 2 replies
Depending on Loss History, how long the lapses was, use of buildings, age of building and updates, etc. there may be a Standard Market.
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25 July 2024 | 8 replies
@Blue Presley sorry to hear about the losses in your family.
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25 July 2024 | 3 replies
3.Charing multiple fees in every parts of the game, including deal sourcing and other stuff - (I assume they might also be able to get kickbacks from each deal or rehab construction), after all these fees been charged, investors can hardly make profit.4.They are manipulating reviews and comments, if you say anything bad they will kick you out of their chat group and they will ask people to do "Great" Review to boost their reputation online or on their website5.There are many other things they do is unethicalAfter I doing few deals, I already loss some money and still have some projects stuck in my hand!
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23 July 2024 | 3 replies
Familiarize yourself with the Fair Housing Act, which prohibits discrimination against people with disabilities, including those recovering from substance abuse.
26 July 2024 | 49 replies
I stick to sponsors who have at least one full real estate cycle of experience with little to no money loss...ever, conservative leverage, high skin in the game, reasonable compensation ( so they aren't incentivized to push the risk envelope) etc.