Clare Pitcher
Leasing In the Winter Months
20 December 2024 | 3 replies
@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Continue normal duties of rent collection.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
The issue with section 179 expense is that you normally have to operate at positive income.Under most circumstances, bonus depreciation is better since you can take bonus depreciation even if you operate at negative income.
Torianne Baley
Letter of Intent with Loan Fee - Is this Legit
2 January 2025 | 19 replies
Is it normal to pay anything upfront besides a down payment on Private Money Lender financing dealDoes this look legitimate to you guys https://drive.google.com/file/d/1WXAqllCuZVMjkv6HjqLmv-gw3bmwPqr2/view?
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
1.To extract equity in your property by re-mortgaging if you brought the property with a mortgage is normally not possible, it might be if you have extensive building improvements. 2.Getting a mortgage on a property you own 100% of is usually possible.
Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
Feeling overwhelmed is totally normal—it means you're taking this seriously.
Alex Fenske
"Wave of foreclosures" rumor
19 December 2024 | 2 replies
You'll then see that delinquency rates are:- At their lowest point since 2006- Historically on the low side of normal - On an overall downward trend for the past 4 yearsIn fact, excluding the artificially propped-up mortgage market of 2004-2006 during which delinquency rates were slightly lower than they are today, bottoming out at 1.41% in 2005, there are fewer mortgage delinquencies today than at any time in the past 33 years.By the way, when these scant 1.73% of homeowners become delinquent on their mortgages, they overwhelmingly have the equity to be able to sell the home at a gain if needed.
Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
9) No tenant after 4 weeks: During Nov-Jan this is normal!
Kevin Eun
Looking to Invest in Orange County as a start - House Hacking - Is it worth it?
3 January 2025 | 12 replies
House hacking a 4 plex is a good plan, and you may even consider getting normal financing with 20% down - just have a little more patience to save more to have adequate reserves.