Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
So B2C is out, but perhaps B2B might be an option (e.g providing a streamlined solution for all of the major mortgage servicing companies for collection of payments.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
My property manager I don't think has a chance to relax, but she does have systems built around her to free up the time when it comes to regular maintenance and rent collection.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
They charge and collect the late fees you might let slide.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
I actually have done a lot of research on this because I love 1980s and 1990s arcade games and plan to collect my favorite 7-8 games eventually.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
I don't even think its worth a sub-toSounds like you spoke to collections (who will tell you anything to get money) and not loss mitigation, as paying back due balances are NEVER part of a short sale.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
I would say the cash flow would go up every year and that would usually be the case but my son will be moving into one unit probably for just the labor to rehab the last unit (collected rent will go down for a year).After that rehab is complete, at market rent I would have about $8k/month cash flow with underwriting that most would consider conservative (for example $1200/month allocated to maintenance/cap ex).
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)
Wade Wisner
Help with Note/DOT investing
22 December 2024 | 13 replies
We buy at a discount and pledge our legal right to collect the debt (a collateral assignment agreement) as the collateral for the private capital loan we take out, which is backed by the value of the real estate securing the 1st loan.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
By gradually optimizing operations and reinvesting in infrastructure, the endowment can support more affordable housing options without destabilizing the market or alienating investors.Currently, we’re integrating three plumbing companies under our organization’s umbrella.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 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.