
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.

20 May 2024 | 35 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.