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Results (10,000+)
Jonathan Bombaci Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
Lots of other services are included at no cost (advice, doc review, debt collection letters, etc). 
Anjali L. SSN for tenant
4 January 2025 | 6 replies
You should only need the SSN or license if you are hiring a collections company.
Anthony Miller Aspiring Residential Investor
7 January 2025 | 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.
Godsheritage Adeoye How to takeover Subject to loan
3 January 2025 | 7 replies
There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.  
Gustavo Delgado why should we still invest in real estate?
4 January 2025 | 25 replies
Nothing to get crazy about but no need to deal with tenants, property taxes, repairs, vacancies, etc. just sit back and collect.
James Wise Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
Second, you left out the fact that owners who don't/didn't clean up -- in Florida or elsewhere -- had their land cleaned up by the government (local ones too) and then the land was seized or liened if the owners/insurers dragged their collective feet.
Akshay Monga Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I currently assign these scores manually, but it’s tedious and limits how quickly I can evaluate opportunities.Ideally, I’d like to:•Automate the collection of MLS/Zillow data.
Alec Barnes How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
Personally, I follow this standard for every application I receive:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)This process has helped me place quality tenants over the years.
Jerell Edmonds Spilt utlities or add another meter ??
1 January 2025 | 12 replies
If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.
David Martoyan Profit Through Adaptability
5 January 2025 | 4 replies
But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?