Cody Caswell
How to Save Thousands on Cabinetry Cost
28 January 2025 | 12 replies
So permits are not relevant to the subject of this thread for my jurisdictionNot sure if there are jurisdictions that require permits for cabinets or counters but if there is, I suspect the motivation is the fees collected for the permits.So permits SHOULD be irrelevant on this thread.best wishes
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
What if they have collections or judgments?
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
The surplus line broker shall collect the Ohio tax of five percent of the amount of the premium for the insurance policy at the time the insurance policy is delivered to the insured."
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
I agree with you on not being able to collect on judgements.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
They can only collect the admin fee which is roughly $150/yr.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
Benjamin Blunt
How do you find Off-Market Properties?
29 January 2025 | 28 replies
So, everyone using those platforms is jumping on the same leads AND at the same time which means there users are all equally behind anyone WHO GOES TO THE RELEVANT COUNTY AND COLLECTS IT there own data or can find someone who can get it for them.
Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 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.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Our PMS tracks all the incoming money in instances where we collect and must remit.