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.
Jim Bryant
What to Expect at Eviction Hearing
28 December 2024 | 16 replies
The tenant will most likely talk nonsense and show the judge precisely who they are.Send the judgment to a collection agency, along with all supporting documentation.
Michael Mulholland
Using STRESSA and RENTREDI
25 December 2024 | 2 replies
I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.
Colin Frank
19 years old and ready to jump into the real estate investing game!
2 January 2025 | 4 replies
I do know that the rent collected from my buddy and the tenant in the midterm rental will come close to, if not break even, with my mortgage, taxes, and insurance.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
It will cost the seller more time and energy to sue you than collect on the EMD.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
Further, he can extend his “grace” period a further 30 days by paying us an additional $50k.So far, we’ve collected two $50,000 payments in the last i0 days plus the $36,000, or $136,000.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Sure, we can say we have a 98% rent collection rate or that most tenant placements average 27 days etc etc but notice the "most" or "average".
Augusta Owens
New member and new to real estate
7 January 2025 | 12 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.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
Unless an investor uses a non-recourse loan the liability remains with the owner personally vs in the DST and invested into other large stock exchange companies which have the liability.6) Convert an illiquid asset, like a business, primary home, art, collectibles or commercial real estate, into a diversified portfolio of liquid investments.
Marc Shin
need recommendations for curtain colors and rug colors
1 January 2025 | 22 replies
Curtains collect too much dust and you already have blinds.