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16 January 2025 | 15 replies
Assign a contract: This is where you get a property under contract and you "fee" that you collect at closing is for giving the end buyer the rights to execute on the contract.
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12 January 2025 | 3 replies
Quote from @Dominic Mazzarella: Quote from @James Wise: TikTok is supposed to be shut down in the U.S on 1.19.2025 unless the Supreme Court blocks or delays the U.S. ban per Trump's request.I won't pretend to have any idea how the inner workings of the data collection between China and the USA effect the world, but on a personally business not, I like it.
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21 January 2025 | 18 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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12 January 2025 | 185 replies
The people doing subject-to are quite sophisticated and typically have quite the platform.
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14 January 2025 | 28 replies
Less than 10 minutes and they are done.Self Managed, Low Volume - these folks collect the same rent every month, have minimal expenses beyond their mortgage and find it very easy to collect the few documents they have to report it.
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14 January 2025 | 9 replies
60k is definitely a hit and unfortunate for sure but it sounds like you have two opportunities to force appreciation up front and collect off the back end.
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1 January 2025 | 32 replies
My banker is too busy for me to hassle her on that.If you have a multi unit you can nominate 1 tenant to collect all the rent and mail it to your bank or PO Box.
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21 January 2025 | 11 replies
When we collect the holding deposit, if the tenant does not move in as they have agreed they forfeit their deposit and their application is revoked.
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30 December 2024 | 0 replies
Hi Everyone, If I only have tenant's birthday, driver license number, and phone number, can I still have a collection agency to help me to collect the delinquent rent?
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23 January 2025 | 9 replies
.), Peter Thiel (Palantir, Founders Fund; Palantir valuation: $45B), Reid Hoffman (LinkedIn, acquired by Microsoft for $26.2B), Max Levchin (Affirm, valuation: ~$5B), and others like David Sacks (Yammer, acquired by Microsoft for $1.2B) and Steve Chen/Chad Hurley/Jawed Karim (YouTube, acquired by Google for $1.65B), who collectively shaped the tech industry through groundbreaking venturesHigh performers who push one another, often go farther than solo business owners.