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4 February 2025 | 3 replies
@Scott F. the name of the policy has no bearing on if it's the right policy or not.
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4 February 2025 | 4 replies
No problem @Kyle Nikolich!
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10 February 2025 | 3 replies
Yes or no" and I marked yes and added dog.
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31 January 2025 | 8 replies
If they're going to force an eviction, I would want either 1) to just wait until it's done and keep extending the contract (if you're in no rush at all) or 2) ask for a substantial price discount to deal with it yourself.
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7 February 2025 | 1 reply
There is no mortgage on the property.
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6 February 2025 | 58 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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29 January 2025 | 12 replies
Mortgage notes at 12% with no headaches are the way to go.
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4 January 2025 | 20 replies
* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
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4 February 2025 | 9 replies
Some new investors think of it as a no-money down deal and given those other costs, it really almost never is.