Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
21 October 2015 | 21 replies
Lol.Additionally, as a landlord, since you incurred a fee, technically you can send them to colelctions for the 35 dollar bounced check fee, which will do damage to their credit, and stay on their report for 7 years.Add an additional collectiosn on their for the collections agency in addition to your own, who is legally allowed to do so (most states allow for original debtor + 1 collection agency to report on a single debt), this makes it substantially more damaging to their credit, as each collections deals at least 20-80 points a piece (diminishing returns).Add a judgement for rent on top of that, as well as a collection set for the rents itself, and a separate set for the eviction costs (because those are separate from the actual rents), and you have pretty much a death kneel to their credit for upwards of 7 years, 10 if they end of fighting or disputing anything after the fact.
Raissa Evans
Damage that was covered up but still visible?
6 June 2016 | 6 replies
However, it has diminished the look of the property, and should I decide to sell it as is, the value.
Jonathan Villanueva
Newbie from IL
2 February 2016 | 11 replies
That way of think has its law of diminishing returns now that I'm being accustomed to never meeting unrealistic goals.
Andrew M.
Great Lakes city investing / play on global warming
17 February 2015 | 17 replies
But as one gets worse (CA) and one gets better (Great Lakes) that gap will diminish.
Account Closed
Broker Challenge: Find me a $1M+ House - 7-8% Rental Yield
24 October 2023 | 45 replies
The law of diminishing returns still applies.
Allan Smith
Impending Downturn: What is Safe LTV or Equity % on Rentals?
13 July 2017 | 4 replies
And, yes, if you're LTV is hurt your exit (i.e. ability to sell the property) options will diminish.
Ben Sears
Virginia Delegate Proposes Bill Allowing "Up-zoning"
25 December 2019 | 1 reply
I think Seattle's own analysis on these changes said that they expected a few hundred to a thousand additional units per year to be developed as a result of these changes, so if seattle has about ~150K single family homes, thats not a dramatic rate of change.Also, Seattle's anti-landlord renter protection ordinances are going to diminish interest in this, especially if our more aggressively / unapologetically socialist council members get their way and achieve some sort of rent control.
Account Closed
Flat rate buyer's real estate broker
14 March 2018 | 10 replies
We're all grown ups here and know the money is coming from the buyer.In the age of the internet - the value of the real estate agent/broker has diminished tremendously.
Art Maydan
Avoiding Section 8
8 October 2019 | 99 replies
But it is doubtful that their paperwork would diminish and they would rent month to month.