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Results (10,000+)
Chris Magistrado Are these numbers in The House Flipping Framework book correct?
12 February 2025 | 3 replies
I also took this entire section, and fed it to both ChatGPT and Google' Gemini's AIs to see if the calculations seemed correct.
Richard Henry Seller Financing Servicing
11 February 2025 | 4 replies
Hire a loan servicer - plenty of discussion and recommendation on BP on this topic and some recommendations for servicing companies 
Mike Levene Contractors that will give price per sq. ft. quote for gut remodel?
13 February 2025 | 6 replies
For context, this would be for a property I already own.I understand this may be a bit unconventional and people will likely recommend I get a proper quote and have the contractor do a full walkthrough.
Troy P. Tenant replaced locks and washing machine
16 February 2025 | 9 replies
Great, I'll put this one in storage (or sell it).The same about the locks.
Melanie Thomas Tenant Swapping: Do You Allow It or Is It a "Notice for All" Policy?
27 February 2025 | 0 replies
Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!
Brittany Kelly How to put long term rentals into LLC
12 February 2025 | 4 replies
That would make this much more complicated, since you'd likely need lender approval.In any event, you'll want to check your mortgage (if you have one) and the lease to see if you can transfer or assign.
Luis Torres Purchase question on a NNN Bank
24 February 2025 | 3 replies
Purchase a NNN Lease on a bankmy question is, is this possible on a Absolut NNN/NNNTerm 20 years.Accept the first 10 years Interest-only payments and the remainder P&I?
Kyle Fronckowiak Seeking Advise on creative loan structure
11 February 2025 | 6 replies
Over the past 10 years, he and his late wife poured their hearts into building this home (with permits, of course).
Joshua Kavadi Fix Flip in GA
13 February 2025 | 23 replies
This is a marathon and not a sprint, so look at it like that so that you can have a long and fruitful career.