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5 February 2025 | 38 replies
Santarelli, in two YouTube videos explains the promissory notes investment opportunity (Link), and mentions some of his other ventures including, “cannabis and crypto investing” and producing/co-producing six new Broadway musicals.
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23 February 2025 | 7 replies
Find that out and collect your data from there and you will immediately put yourself in front of any PS, Propwire, Batchleads and in most cases Property Radar customer.What are your target markets?
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17 February 2025 | 1 reply
Plus I don't want to be in the electrical selling business, that includes no hookups to recharge electric cars.All I want to do is provide housing and collect the rent.
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25 February 2025 | 3 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
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25 February 2025 | 6 replies
Just wondering out loud...Have you ever tried to collect from someone that is self-employed?
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18 February 2025 | 4 replies
How much rent will it collect?
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21 February 2025 | 12 replies
I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.
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11 February 2025 | 4 replies
They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation.
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23 February 2025 | 25 replies
Still need to screen S8 prospects though.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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13 February 2025 | 3 replies
The applications, screening, lease signing, and rent collection is all done there.