Lorraine Hadden
Sellers/Agent Placed the EMD in an Interpleader Account w/the CA Courts
24 January 2025 | 3 replies
So even though our right better get half back then none and or be in the hole like your experiencing.
Anade Davis
Would like to know more about Lease to Own to buy Multi Families as a Master Tenant
26 January 2025 | 3 replies
In the meantime, most of my capital is tied up and I am looking to be Super creative and I have absolutely the time and energy to cold call until i find someone that is game...even if i got to get a property in Alaska.
Adam Michel
First Time Buyer - Off-Market Inheritance Deal
14 January 2025 | 2 replies
As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.
Pranav Patel
22 with ~$50K saved up, is it too soon to start?
16 January 2025 | 9 replies
If/when you do move, renting your vacated unit will provide even more cashflow.
Kody Glithero
Future Real Estate Plans Help!
16 January 2025 | 6 replies
It’s also worth connecting with a property manager and contractor early, even if you don’t need them right away.
JR Mack
Graduating analysis paralysis
13 January 2025 | 11 replies
I've done a lot of research and even worked on running numbers for certain options (just as an exercise), but I'm now looking forward to jumping in.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 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.
Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
- Unlikely $60/hour3) Even with all payroll taxes, insurance, etc., they are making a profit margin on that hourly charge.Another way PMCs usually make a markup on maintenance, is that they send you all invoices on their letterhead, or from a maintenance company they actually own.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Each deal comes with a different set of surprises even for the most experienced operators.Take your time and don't rush it.