LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
In some parts of the sun belt, I have been told that you can collect far higher rents doing Section-8 than you can regular Tenants.
Zachary Young
Where To Buy My First Rental Property
19 January 2025 | 54 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.
Portia Dampier
Seeking Advice on Coaching/Mentor Programs for Real Estate Investing
3 January 2025 | 10 replies
That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
Instead of paying cash use that money and spread them over multiple dscr loan so I can own more doors and just collect the cash flow after expenses.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
@Luke H.If the buyer is living in the property now it’s a consumer loan compared to a loan to an investor and will kick in a lot more regulationsYou can’t do a balloon less than 5 years, need to have it serviced by a licensed servicer, will have to go by interest rate usury laws, collect escrow…..I would not loan on this property to an owner occupant
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 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.
Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.
Christina Hall
Best skip tracing website?
21 January 2025 | 33 replies
It's possible to get some motivated sellers through a website with assistance of SEO , website optimization and PPC, but it's not a basket I would put all my eggs into if I was trying to locate the sellers.