
30 June 2024 | 5 replies
Focus on the tone of the letter being sympathetic.Set property expectations of move-out time and condition of the property, but do so after you have reviewed their lease as that is your guiding agreement with them at this time.

29 June 2024 | 7 replies
Taking an asset to liquidate is a significant hassle, loaded with additional expenses, time oh-so-mush time, and variables such as potential market movements, changes to condition etc. all these come together to very possibly devouring what your equity positions may be in full or more, leaving no real equity of securitization itself.Â

29 June 2024 | 8 replies
I will offer cash, and I don't care in what condition it is in or how much you owe on it".1 month later:You get an other letter in the mail.

29 June 2024 | 7 replies
A lot of 2 bed/1 bath units will rent in the $1250-1550 range depending on the size, condition, amenities, parking, pet fees, etc.

29 June 2024 | 6 replies
Can't answer without knowing how noisy it is vs: location, price, rents, condition of side by side or town house

29 June 2024 | 4 replies
I finally received a demand letter from a "nonprofit attorney" representing the tenant, claiming that the tenant was living in uninhabitable conditions—typical for a non-paying tenant, I guess—and now she wants to "renegotiate" the rent and keep living in the same space.She has been filing complaints with various government departments, but all the cases were minor and have been closed.

29 June 2024 | 7 replies
I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.

29 June 2024 | 3 replies
Most part of the houses that will qualify for the loan should be in livable conditions, and it looks like they don't need much work, so it might not be able to do BRRR.

29 June 2024 | 9 replies
Moreover, given current market conditions and rates, understand that most markets only offer cash flow if you implement a creative strategy.