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14 January 2025 | 15 replies
They can only collect the admin fee which is roughly $150/yr.
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9 January 2025 | 9 replies
Look into Baselane it’s designed specifically for real estate investors, You get automated rent collection, expense tracking, it makes it easier to manage properties, stay organized, and keep up with your finances.
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27 January 2025 | 10 replies
If not I would suggest finding a servicer to collect and manage that note.
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13 January 2025 | 9 replies
.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
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11 February 2025 | 167 replies
I got my first BTC back when you could go on one of the many faucets and collect 0.5btc/1btc a day.
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
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5 February 2025 | 29 replies
The investor buys it—either with a loan or cash—and the turnkey company usually continues managing the property, handling rent collection, maintenance, and turnovers.Where Does the Investor Profit?
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8 January 2025 | 0 replies
The homeowner collects a NET/NET 5% yield with 1% increases each year in long-term lease by a BBB+ credit rated tenant (similar to Morgan Stanley credit).
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12 January 2025 | 11 replies
What if they have collections or judgments?
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9 January 2025 | 16 replies
I use Buildium for tracking rent, fees, leases, and collecting online payments, but I don't use their reports for much, as I end up copying my online banking each year into spreadsheets.I've been using Rental Hero for the last hour and already impressed with it.