Torrean Edwards
TR, I am an investor from Milwaukee.
27 December 2024 | 27 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.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
18 January 2025 | 34 replies
And, honestly, selling the impression of education is very lucrative.
Gabriel D. Zapata
Notice of an Independent Solar Energy Producer Contract
2 January 2025 | 4 replies
Granite, I know CA tends to see a lot of this; more than likely due to a lot of people owning Solar.My question is the owner that has a lien status associated to this Lien description (Notice of an Independent Solar Energy Producer Contract), is this a standard practice of just owning Solar (thus wasting time prospecting these individuals) or does this simply mean they (the solar company) took out a lien against the owner because the solar company is trying to collect their money.
Troy Parker
Renting your first rental to a friend
15 January 2025 | 10 replies
Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).
John Burtle
Building my first spec home!
17 January 2025 | 27 replies
A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you?
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
A “contract to hold” binder payment equal to a month’s rent would also be collected at that time.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
Should I use it for asset management, rent collection, property management, or other roles?
David Martoyan
Profit Through Adaptability
5 January 2025 | 4 replies
But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Therefor, they aren't selling at that discount and instead just collecting monthly payments.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
I manage my own properties as do my clients; with the electronic resources for screening, rent collection, more - the ROI is greatly improved and you retain control of the property.Hope this helps.