John Voychick
Do not use Suncoast Property Management in Jacksonville
4 January 2025 | 29 replies
I fired them last year.I just opened my mail to find a notice from a COLLECTION AGENCY stating I owed them money.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
@Brent Mendenhall The best thing for any investor is to avoid your company and those like it out of respect for their investment dollars.Why is there no formal agreement between RAD and DDH Fund LP when DDH Fund owes RAD's investors millions of dollars and collects rents on behalf of RAD.
Caleb Johnson
Comping Homes in Detroit
18 December 2024 | 4 replies
You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 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.
Kristi K.
Hotel Occupancy Tax
14 December 2024 | 2 replies
Luckily both sites collect the taxes for our place.Our little town did implement a 1% tax that I have to pay separately.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 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.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Continue normal duties of rent collection.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
If any damage arises from her negligence she will be getting the bills for damages, plus costs of collecting which you bill as well as your attorney in addition to the termination of her lease.
Raghavendra Jakkani
Income verification for a tenant
23 December 2024 | 9 replies
What makes 100% total sense to tenant does not always compute with what you need to be successful as an owner....and #1 in that field is collecting rent.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.