19 May 2024 | 2 replies
However, since the chances of collecting on the judgement are small and your costs to travel for the hearing is large, it may not be worth doing that.

19 May 2024 | 90 replies
I've seen it done two ways:Flat rate lease - The operator signs a lease for a flat rate and runs the business collecting their rent and care fees from the residents.

20 May 2024 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

20 May 2024 | 6 replies
I collected 25k that month.

20 May 2024 | 12 replies
If you are young and have not collected kids, dogs, and commitments, I'd suggest putting your head down, delaying gratification, working your a$$ off (get a second job, drive for uber, deliver pizzas, buy a pressure washer and knock on doors asking to pressure wash driveways, etc.), living off of next to nothing, and looking up in 12 months to re-evaluate.

19 May 2024 | 24 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

19 May 2024 | 6 replies
We, collectively, resolved the issue with tenant parking the vehicle off-site.

19 May 2024 | 4 replies
You then have your "assets hanging out" in case there is a lawsuit, there is a valuable asset to collect against.

20 May 2024 | 13 replies
Many will look at our profile pictures and see young men who probably have little experience in the space, which is why I joined a company with a solid track record/decades of collective individual experience to learn more!

21 May 2024 | 48 replies
U play hell collecting their portion . depending on area.. its not so easy to get them kicked out of the program for not paying section 8 wont do a thing about that.. for some I get it if you have a stable of D and low C class props those are were section 8 generally is because they pay more and nicer props you simply dont need section 8 its only d class that you absolutly need it.