Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
22 January 2025 | 14 replies
You have the ability to grant permissions based on the user's security level, which you determine.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
With careful planning, you can develop a portfolio that consistently outpaces inflation and helps secure your financial future.I hope this helps.
Joseph S.
Current PPR Reviews
20 January 2025 | 28 replies
For any of these real estate funds that have guaranteed rates of returns for set periods I would want to understand how my investment is secured.
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
Anna Granofsky
Shared Housing Advice
18 December 2024 | 6 replies
Their videos, webinars and web content have been a huge help in presenting what the concept of shared ownership looks like in real life.
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Simultaneously, you're managing applicants and tenants, who are often working within tight timelines to secure or renew leases.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
I think it would be financial suicide to give up a 500k a year job that you know how to do and is secure to launch into thinking your going to replace it with rental income.. unless your sitting on 5 mil plus in cash with no debt.
Anthony Gallagher
New landlord Policy Insurance Inspection in Brooklyn
20 December 2024 | 3 replies
If these things weren't disclosed that could be an issue.Did you work with a licensed insurance agent to secure coverage?