Matt Owens
What has been the most productive service for mailers/ contacting potential sellers?
21 August 2024 | 6 replies
Other options are Postcard mania, Ballpoint marketing and GoBig Printing.
Sherman Arnowitz
To Service Or Not To Service?
20 August 2024 | 2 replies
This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.
Vitali Ganon
Real Estate Investor in Jacksonville, Florida, Looking to Build a Professional Team!
21 August 2024 | 5 replies
Why do you think purchase contracts are so long and have such small print?
Sean Spagnola
Rochester NY Property Management
20 August 2024 | 4 replies
Why do you think purchase contracts are so long and have such small print?
Account Closed
Vice President Harris Announces Economic Agenda
21 August 2024 | 182 replies
The Fed did not cause housing affordability the government did by printing $7T.
Chris Allen
Are Loan rates so bad that a first time STR buyer really should steer clear?
21 August 2024 | 26 replies
As Russel noted, this is all considerably due to the dollar losing its value—aka, this Country likes to print money!
Greg Friedman
Hiring a property manager vs doing it myself
20 August 2024 | 21 replies
Some property managers charge a months rent just to renew the client so read the fine print.
Steven Westlake
Event hall as a rental ????
20 August 2024 | 64 replies
It had this printed in it “A great opportunity to purchase a property with unlimited potential.
Jason Redeker
Aven HELOC card/general HELOCs
16 August 2024 | 14 replies
I've read that they take a security interest in your home and their fine print says they can call the amount at any time (though I'm sure other loans may say the same).