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14 February 2025 | 5 replies
To get started, I would recommend interviewing some TK providers in the OKC and AL markets to find out who provides the service and experience you seek as an out-of-area investor.
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21 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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4 February 2025 | 4 replies
Also, if anyone knows of any other background check services that are more reliable please let me know.
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21 February 2025 | 6 replies
@Alex Mull as some with experience in both turnkey and all-in active investing, I can tell you the biggest advantage is saving, time, hassle, and some full-service turnkey companies mitigate your risk by doing the upfront renovations and placing qualified residents while the company still owns the house.
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24 February 2025 | 7 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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18 February 2025 | 24 replies
If you find someone that seems to know a lot of people needing your services, wouldn’t it make sense to focus more resources on them?
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25 February 2025 | 2 replies
Here's how I’ve successfully found off-market properties:Direct Mail: You can pull lists of absentee owners, tax delinquencies, probate properties, and more, and send them direct mail offering a cash sale.Driving for Dollars: This means driving through neighborhoods looking for distressed properties and either leaving a note on the door or contacting the owner.Cold Calling: Use public records or services like Prop Stream to pull lists, then contact owners directly by phone to see if they’re interested in selling.Networking with Agents: Many real estate agents work with investors and have access to off-market deals (pocket listings).
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26 January 2025 | 14 replies
There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.
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24 February 2025 | 9 replies
FNMA does have limited allowances if the LLC is whole owned by the borrower. https://servicing-guide.fanniemae.com/svc/d1-4.1-02/allowabl...There's really only three reasons to put your SFR properties under an LLC:1) A DSCR lender requires it: just setup the LLC correctly.2) Anonymity: In Michigan, you can create an LLC with a Registered Agent and use their address to hide your ownership. - Have seen many investors create their own LLC and use their name & address:(- Only works if you put a property in LLC when you purchase.
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27 January 2025 | 56 replies
I've always been able to find my STR clients investments that are legal and whose numbers works.