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Results (10,000+)
Idalys Samuels Hard Money/ Private money lender
7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.
Alexie Franck Unhappy with rental agent
6 June 2024 | 6 replies
Take a look at your agreement with the listing agent so see if there is a penalty, if not request terminating your agreement immediately or hiring a local PM to represent you to communicate directly with the listing agent to end the agreement.
Joyce Kim Need an eviction lawyer in the City of LA for non-paying tenant: please help
6 June 2024 | 1 reply
I've personally communicated with the inspectors, and they are aware of how the tenant is trying to manipulate the situation.
Nick Allen Tips for processes and software for minimizing work involved in self-managing rentals
5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
Alecia S. Short term rentals
6 June 2024 | 2 replies
I would also look into implementing a PMS so that you can effectively manage all of your calendar’s & communication with guests.
Alex Rodgers What's your cash flow strategy for 2024?
8 June 2024 | 37 replies
You have to actually go out there and find real deals, do the work to force equity, and only then do you get a bit of cash flow that eventually becomes significant years later.But that's not a get-rich-quick strategy so most folks won't do it.
Honour Onovae Starting out advice needed!
6 June 2024 | 6 replies
A wise investor will not try to get rich quick with shortcuts.
Peter Shin Subject To for Primary Residence?
7 June 2024 | 8 replies
There is nothing illegal about direct communication between buyers and sellers. 
Ismael Ayala Jr. Rejected by local mentor
6 June 2024 | 4 replies
I also recommend you stop chasing the "get rich quick" schemes you'll find on YouTube or in books written within the last five years.