Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
Almost every action taken in the economy is taxed and the faster the economy chugs forward the more taxes they collect.
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
Going private money will already cost you more $$ in closing costs, points, etc - but they should ONLY collect $$ if the loan closes.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
Sec 8 collects data to "price fix" what they will allow.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
It will cost the seller more time and energy to sue you than collect on the EMD.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
If AHP does not return his capital then he's made an interest-free loan to them and not even collected his principal balance back.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
I dont know your business model exactly but I assume you collect some referral fee from the supplier?
Eric I.
Midterm vs long term - Renton WA
24 December 2024 | 7 replies
For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Rather than use credit score as a criteria, I reject for consumer accounts in collections and unpaid civil judgments.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
I don't rent furnished and others may be able to point out where this is flawed, but I would consider renting the furniture SEPARATE of the unit because that may allow you to collect a deposit on the furniture.