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24 December 2024 | 10 replies
what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???
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29 December 2024 | 15 replies
It involves much more than collecting rent or throwing up a Craigslist ad every blue moon.
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28 December 2024 | 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.
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27 December 2024 | 16 replies
A savy agent sensing a situation like that might simply ask for proof of funds before showing the house which a nosey neighbor is unlikely to have.
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12 December 2024 | 3 replies
Quote from @Michell Chase: The signed contract states a deposit was collected, so I would make that part of your purchase agreement.
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28 December 2024 | 13 replies
I have 2 sets of tenants that I have had considerable problems with collecting the rent over the past year.
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30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
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24 December 2024 | 1 reply
If I reach out to a realtor, will they expect me to pay them to collect comps for me?
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2 January 2025 | 36 replies
You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.
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15 December 2024 | 15 replies
The merchant also failed to provide proof that the cancellation policy was properly disclosed to the cardholder."