Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
It likely is out of date as to cost as this info is quite old (my guess is 5 years but it could be longer):- Rent Recovery Service: offers flat fee service starting at $20. 3 letters start at $30.
Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
Paul Lucenti
Closed on our 9th property
29 January 2025 | 7 replies
Truthfully horrified that this is an individual who wants to raise capital from others "to scale" after owning section 8 rentals for 2 years.
Michael Nguyen
Due on sales clause...Has anyone experienced this?
31 December 2024 | 2 replies
Most people will get the loan in their name first, and then transfer it into the LLC after.
Raquel Baranow
Suing utility company for not notifying landlord (me) they shut off electric/ water
30 January 2025 | 5 replies
The utility company doesn't manage your property...they provide paid services until they're not paid anymore.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
Example: $500k home sales price, typical buyer agent commission of 2.5%, meaning buyer agent commission is $12,500.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
15 January 2025 | 177 replies
Feeling good after reading Naresh's post.
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
The servicers are thieves.
Jonathan Grzeszczyk
Sales and Negotiations
1 January 2025 | 1 reply
Seeing out there if anyone has any reading lists or content suggestions for sales or negotiation in Real Estate.