Shellpoint has repeatedly cashed my checks (which were on time EVERY MONTH) and continues to fail to properly credit me (even though coupons were enclosed).

I think those that bought in the last few years for appreciation or with adjustable rate mortgages and had slimmer cash flow/margins are feeling the pinch a bit more.

Are you cash flowing the property?

My background is a flipper, so my campaigns are usually simple letters/postcards offering cash and a fast close.

You need time to get your feet wet - and doing it on a small scale is WAY safer than getting into a 6 figure renovation.Flips are for one time cash, and rentals are for long term cash-flow.  

My clients absolutely love it here because they are finding deals that are cash flowing, hit the 1% rule, and have tons of appreciation.

Could be a form of equity you could bring to the table in partnering - in addition to cash you could throw in your purchase / sales commission as a form of equity in the deal.

KEEP - Cash Flow: $664- CoC Return: 12% - Equity: $175k- Total Left In Deal: 66k SALE107k profit https://www.biggerpockets.com/brrrr-calc/1809608.pdf?

In the ideal scenario, we picture keeping the property as a cash flowing asset forever and letting our kids deal with it after we die.BUT, if that doesn't happen, and we decide to sell in 7 years or 10 years, I'm going to kick myself for losing out on the capital gains tax exclusion of $500k.  

Purchase price: $137,999 Cash invested: $15,000 Sale price: $260,000 Rental House purchased in 2006 and was my primary residence until 2019.