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7 August 2024 | 15 replies
This enabled me to raise cash from the assignment fees.
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7 August 2024 | 73 replies
These are players like invitation homes, american homes 4 rent, some even bigger institutional players like key points.
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5 August 2024 | 0 replies
This approach enabled us to purchase and resell the property on the same day, maximizing our return on investment and demonstrating the efficiency of our financial strategy.
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9 August 2024 | 39 replies
We have several loans with NASB which is a big player in this space as well as 2 'HELOC' type of loans from a Private Lender at 80% LTV on a couple of properties that we owned free and clear in our retirement accounts, and used that to put down payments on new properties using commercial non-recourse loans.
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6 August 2024 | 54 replies
To me the issue isn't charging fees and making profit as much as it is doing so without providing tangible value in returnA business exchange should result in value added not extracted—charging a 50% leasing fee to then only do remote showings, charging a $25/mo smart-home fee because of an added a $50 wifi-enabled thermostat My clients pay management fees as high as 20%, none lower than 13%, and in return they receive comprehensive property managementMy residents pay nothing other than rent, because they're not clientsI can't complain though, because if it weren't for the industry's standard practices becoming this way, I wouldn't have my niche
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9 August 2024 | 47 replies
Here's the language I use:Consent to Contact References and Perform Credit CheckI authorize [Type Agent Name Here] (“Agent”) to obtain, and to share with [Type Landlord Name Here] (“Landlord”), information about me from my credit sources, current and previous landlords, employers, and personal references, to enable Landlord and Agent to evaluate my rental application.I give permission for the Landlord or its Agent to obtain a consumer report about me for the purpose of this application, to ensure that I continue to meet the terms of the tenancy, for the collection and recovery of any financial obligations relating to my tenancy, or for any other permissible purpose.I authorize Agent to share my completed rental application (along with any supporting materials) with the Landlord.Applicant signature: _________________________________Printed name: ______________________________________Address: ____________________________________________________________________________________Phone Number: _____________________________________Date: ______________________________________________
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5 August 2024 | 4 replies
With baseball, you start making money once you reach the big leagues, in the minor leagues, every player's salary ranges from 34k to 39k.
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5 August 2024 | 9 replies
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing businesses, but I also want to provide a software option where the seller can more directly manage the loan.First, let me share the list of 3rd party servicers (please let me know if an awesome player in this space is omitted):Evergreen Note Servicing | Note Servicing Made SimpleFCI Loan Servicing - Loan Servicing Programs for Lenders of any size.Loan Servicing - Weststar MortgageNoteSmith HomeMortgage & Note Servicing - Note Servicing CenterWelcome to Statebridge - Statebridge CompanyLogin - AlliedServicing CorporationI really have not found any good software solutions that would fit well with a seller who may have just one private loan to manage.
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8 August 2024 | 22 replies
Neda AzizisefatNeda and her brother have a history of these sort of actions as well.She's one of the main players, but stays silent in dialogue.Sending this message to make sure her name is recorded in here as well.
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6 August 2024 | 29 replies
I know Jack is a big player out there and has a load of them.