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26 December 2024 | 3 replies
Not only can you collect rent to go towards your mortgage, you're also building equity that can potentially be used down the road for your next home or investment.
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7 January 2025 | 28 replies
Sometimes it can be difficult to collect and some landlords will keep any unpaid utilities out of the security deposit, though CA is one of the trickier states to do this in.
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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.
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24 December 2024 | 1 reply
If I reach out to a realtor, will they expect me to pay them to collect comps for me?
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28 December 2024 | 11 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.
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29 December 2024 | 15 replies
It involves much more than collecting rent or throwing up a Craigslist ad every blue moon.
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28 December 2024 | 13 replies
I have 2 sets of tenants that I have had considerable problems with collecting the rent over the past year.
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30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
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9 December 2024 | 4 replies
Get the judgment and frequently the court personnel will instruct you on how you can collect.
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11 January 2025 | 67 replies
My strategy as an investor has changed over the years, today I look at real estate more like a collection of properties and less through the cash flow lens.