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27 December 2024 | 8 replies
Lastly, if the tenant does become delinquent and we have to file a claim with Rhino Insurance to collect their deposit, we're adding to the financial woes of that tenant and putting them into an even worse financial position when they wouldn't have qualified in the first place.Thoughts?
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17 January 2025 | 24 replies
So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).
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22 December 2024 | 7 replies
Perhaps in return they collect an acquisition fee, collect a construction management fee & share in a portion of the upside.
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28 December 2024 | 8 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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23 December 2024 | 5 replies
Collecting quarters wasn't worth it.
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30 December 2024 | 20 replies
Start collecting contact cards and fill that phone with everything from plumbers and painters to bankers and lawyers. sorry this is so long and drawn out.
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19 December 2024 | 37 replies
It will be info i need moving forward with my collections people for him.
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1 January 2025 | 27 replies
I actually have done a lot of research on this because I love 1980s and 1990s arcade games and plan to collect my favorite 7-8 games eventually.
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12 January 2025 | 25 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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24 December 2024 | 5 replies
Most S8 tenants have a history of bad decisions, often having convictions, evictions, bankruptcies, chargeoffs, collections, garnishments, etc.