Michael Costanzo
Going against the grain. Investing with low cash flow.
16 July 2016 | 7 replies
Renting is always less expensive than owning and owning a rental that is not producing cash flow is unfortunately what leads to most bankruptcies in this industry.
Charles Padi
California High School available for purchase (for profit)
29 December 2016 | 12 replies
The best place I know to find a school is in bankruptcy or when one closes.
Nghi Le
Joint Venture with Homeowners
27 August 2016 | 7 replies
Both ended up having to try to collect through bankruptcy court.
Brandon C.
Surprises are bad. I've had several lately. =(
19 December 2015 | 6 replies
Was awarded judgement but tenants filed chapter 7 bankruptcy.
Ken Latchers
Accepting Credit Cards for rent
2 August 2013 | 25 replies
Most tenants if they are paying with a cc would be a great way to fast track their way to bankruptcy.
Cheyenne Davis
Mortgage Qualification Question
16 December 2014 | 9 replies
@Cheyenne Davis Having both a Bankruptcy and then a foreclosure is going to be an issue for a while.
Mike Landry
foreclosure stopped, now short sale....realtor ethics?
31 May 2016 | 28 replies
As I went to pay the trustee, a relator approached me and advised me that it is his clients house and that the client filed bankruptcy the day before.
Mary Jay
Credit score 622- collection, can prepay, would you rent to her?
5 February 2022 | 11 replies
FOR RENTAL, the only thing you really need on a credit report is current bankruptcies and evictions within the last 3-5 years.
John McKee
NN Retail Just closed for $580,000
27 February 2023 | 23 replies
So if lease had say 300k left on it rather than forcing the tenant into likely bankruptcy where you might get nothing you offer say a termination fee of 50k.The goal is to try and cover down rent time, attorney fees, any leasing commissions, and tenant improvements so at break even as much as possible getting new tenant in.
Jeff Cardello
Subject To and Bankruptcy
27 May 2020 | 5 replies
Most of it seems pretty positive but I was warned that a property that I purchased could be seized by a court if the seller files bankruptcy.