Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
Continue normal duties of rent collection.
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.
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.
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.
Michael Wentzel
Selling portfolios of properties... use agents or loopnet or another strategy?
13 December 2024 | 9 replies
Quote from @Trevor Finn: Hey @Michael Wentzel,Congratulations on an impressive real estate career thus far!
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
However, in any civil judgement, collecting is a different story.
Everett Schulte
What is your experience with these lead generation softwares in KCMO?
14 December 2024 | 0 replies
I've had a free trial of property radar before, and I was impressed, but how do we know the data is accurate and current for any of these platforms?
Desiree Board
Advice for a new long term rental investor
23 January 2025 | 26 replies
They’ll handle tenant screening, maintenance, and rent collection, ensuring things run smoothly while you focus on growing your portfolio.Ultimately, starting local and self-managing is a common path for new investors, but outsourcing property management or investing remotely can work well with the right systems in place.
Lauren Merendino
Pre retirement Strategy
23 January 2025 | 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.
James E.
Real Estate professional logbook example
22 January 2025 | 218 replies
The claims of 1hr to collect rent, produce receipts, and deposit checks also seems like a reasonable claim if done physically and not electronically.