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21 January 2025 | 74 replies
I just haven't been able to hook up with them yet.I know I am not allowed to post my email address here.
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9 January 2025 | 21 replies
Create columns for Name, Street Address, City, State, Zip and then contact info: Last Contact, Relationship, Status, Email & Phone.IMPORTANT: do NOT ask people for THEIR business, ask for referrals!
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26 December 2024 | 21 replies
It blows my mind that you can actually start and operate a legitimate business in the US without telling the government (not the public) the name and address of the owner.
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6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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15 January 2025 | 39 replies
On paper some of these buildings had amazing metrics, excellent cash on cash returns, cap rates, etc, but when I looked at the buildings I found the neighborhoods were rough, there was poor management in place, there was lots of deferred maintenance to address.
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29 January 2025 | 107 replies
Hey Jay, what is the ask address and rents, thanks Bob, not looking for a wholesale deal..
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26 December 2024 | 4 replies
Out of the 50 addresses zero will probably be interested in selling so it's a numbers game before you find the one.
3 January 2025 | 8 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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28 December 2024 | 1 reply
You want to stay in the loop, know what's happening at your property, and address any concerns pronto.
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7 January 2025 | 24 replies
California does not have a law requiring deposits to be held separately (neither did Alabama when i had Alabama properties) and it seems like a significant hassle to address a virtually never occurring event (not having money to return deposit to the tenant).