Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
31 January 2025 | 57 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.
Andres Lasaga
Promissory Note Management
25 December 2024 | 3 replies
Quote from @Andres Lasaga: I am in the process of selling a property to the tenant I have been renting the house for 4 years.I want to outsource the promissory note collections and reportsIt would be only ONE property, for now, any recommendation of a company that can manage the collections and reporting?
Caleb Rehg
Renting to College Students
12 January 2025 | 23 replies
You can collect close to 100% of your rents when doing that. https://www.biggerpockets.com/blog/student-housing-rentalshttps://www.biggerpockets.com/blog/student-housing-remains-a...
Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
The HOA has acknowledged the roof issue but claims repairs are delayed as they’re still collecting bids.
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.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
Avail sends this to the resident, collects rent and deposits it into our account.
Grace Norton
Help! Need advice - screening my first tenant
27 December 2024 | 9 replies
What if they have collections or judgments?
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
So, you invested $10K, and now you've collected $116,161.92, a "profit" of $106,161.92!
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.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
You’ll also want to know how they handle rent collection and late payments and if they can provide references from other investors they work with.A good investor-friendly agent should have a strong network of professionals like contractors, inspectors, and lenders to help with your investments.