Andrew Rodriguez
My Involvement in Fixer Upper
13 January 2025 | 9 replies
.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
6 February 2025 | 58 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.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
I have nothing to do with the delays, deposit collections and etc...
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.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
They can only collect the admin fee which is roughly $150/yr.
Anirudh Reddy
Who can claim interest paid on a seller finance property?
4 February 2025 | 17 replies
Every month, I collect a payment from Don, use a portion of his payment for my payment to Chase and keep the difference.
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
19 January 2025 | 9 replies
Brokers and attorneys often prioritize closing deals quickly to collect their fees and move on, which doesn’t always align with your goals.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
I use this and share with my team (i.e) drone photographers, VAs, reatlors, partners, etc.Zoho Forms, I use this to collect info from leads, buyers, etc.Zoho Desk, this is a ticketing where all inquires go to and since it integrates with Zoho Forms, it creates a ticket within Zoho Desk + New Lead within Zoho.Zoho Cliq, similar to slack, I communicate with my team with this software.