Ren Lok
Furnish Finder vs ?
10 December 2024 | 22 replies
After Furnished Finder, Airbnb is definitely the next place you want to list solely because of how much traffic they get.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Not only is it the right thing to do to help them get their legal ducks in a row about knowing SPECIFICALLY what the seller did wrong, ie did not disclose and can prove it was done for the sole purpose of deception to make the sale "smoother" but it can help you look good and have you learn how to avoid in the future (as you say "tighten up your due diligence")It sucks when agents "help" 1st time or largely inexperienced buyers long enough to make the sale and get their commission but then peace out on the client when something like this happens.It It seems like you are attempting to do the right thing which is admirable bc at the end of the day, the court system is the closest thing to a "business police" that ppl can get.
Victoria Redlin
HELOAN or HELOC, (December 2024)
14 December 2024 | 4 replies
What is a good source for a HELOAN or HELOC in December 2024?
Treza Edwards
Mandatory Inspections for rental properties
18 December 2024 | 5 replies
It would be smart to do a full lease audit, estoppels issued, and tenant interviews.And if you are buying cash, there is nothing mandatory, since it is your money at risk. but again, physical condition inspections, understanding of tenants (they are a great source of information about issues with the property that the landlord may not know or may not disclose), surveys to understand accurate property lines, etc.
Mike Montanye
Deal Machine Customer Service
3 January 2025 | 14 replies
You might want to try List Source.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Property owners' and managers' sole recourse for encouraging residents to pay is unavailable.
Henry Clark
Belize 25 acres Teak
4 January 2025 | 28 replies
We have to order six months ahead from our Mennonite source and put a deposit down
Alan Asriants
Why BRRRR is not an effective strategy today...
24 January 2025 | 27 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
. - California has highest investor ownership rate and I provided the link to the source.- California has higher rate of return for the large coastal cities matches the stats case Shiller used to provide for total residential return for this century.
Pearse Cafiero
New To Investing
31 December 2024 | 11 replies
What this implies to the typical RE investor is obtaining significant cash flow is a big challenge right now and relying on other RE profit sources (such as a value add and not doing a value subtract) may be a more certain path of generating returns.