Terrance Jordan
What’s Your Go-To Strategy for Securing Funding in Today’s Market?
2 December 2024 | 3 replies
Also, what’s been your biggest challenge when it comes to securing the funds you need?
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
11 December 2024 | 5 replies
I did not read the rules around security deposits. you may be allowed to use those funds and still file a small claims action for any remainder, but I can't imagine that it would be worth it if you have at least one month's rent in security deposit.
Paul Cijunelis
Started a new PM!
5 December 2024 | 4 replies
They can handle time-consuming tasks like lease renewals, tenant correspondence, and basic admin work.
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
Of course, many investors bend/break this rule, but that's another risk.2) If your bid wins the foreclosure auction, you then have to deal with getting rid of any occupants - who may steal/damage everything they can in retaliation:(3) You MUST have a great crew on the ground that can minimize surprises - not easy to do on your first deal.Regardless if you buy a foreclosure or other property, read our copy & paste advice below:-----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Kris Lou
Tired of my money not working for me in Toronto, Canada - looking to diversify in USA
5 December 2024 | 7 replies
No matter where you choose to invest, please keep in mind the following (copy & paste):--------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
It's not like we're bundling sub2 deals into tranches and selling them as mortgage-backed securities like they were with subprime mortgages, yet.
Angela Harding
Guardian Fund LLC Bankruptcy
15 December 2024 | 7 replies
They have unsecured creditors of over 5 million dollars and secured creditors as either loans on properties and/or owners of properties.
Spencer Manning
Section 8 (HCV): Do government funds ever run out? And other questions.
13 December 2024 | 5 replies
Also the Voucher doesn't cover the security deposit which in most cases, I have to put my S8 tenants on a security deposit payment plan for those to get them qualified to move-in on my applications.
Dave DeMarinis
Stessa and Buildium for Accounting and Prop Mgmt
14 December 2024 | 13 replies
Overall, it is okay, but it still requires relinking the accounts periodically, which seems more security-related than anything else.
John C.
Owner Financing in Pennsylvania
17 December 2024 | 9 replies
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