Karl Kauper
Laid-Off Tenant in Euclid, Ohio
14 December 2024 | 6 replies
You can point them towards resources, but I recommend you stick to your policies (if you have any) regarding late fees and eviction.
Saul Clavijo
Multi family investing
16 December 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Eric Lee
Investing in the Oregon market
12 December 2024 | 14 replies
We had an investment group willing to come in and zero-lot line a dilapidated apartment complex in Corvallis and give the tenants the opportunity to buy to help solve our affordability crisis here, but nonetheless, the city forced their hand by needing a half-street development after changing zoning that killed the deal.
Alfredo Ahumada
Acquired Tax deed property at county action with 2 deceased owners
11 December 2024 | 4 replies
I think they charge 2k or 2,500 or something and they'll do some legwork on the tax sale and then I believe they work with title companies so that they can insure the title (maybe they underwrite the title policy or something, i don't really know how they work).
NA Hirsch
Soft Pull Credit Report
13 December 2024 | 3 replies
I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
There is no chance home owner can mediate, apply for loan modification (which is a predatory disaster in itself) , reinstate or retain the home two days before auction, when they have zero funds and ability to do it.
Jacob Thorpe
Pulling out equity, HELOC, other stuff
16 December 2024 | 11 replies
Between the contractor that scammed me and the break in, this project has gone on for about five months longer than it should, and I have depleted my savings making the interest payments all the way up until I have zero money.
James French
Private money club with Chris Naugle
11 December 2024 | 12 replies
I didn’t go with his company to set up my life insurance policy.
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
4 December 2024 | 10 replies
What if you are currently house hacking, with a homeowner's policy.
Javier Molina
Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
Ok to summarize it seems that there is Zero way to dodge CA annual fee.