
15 March 2024 | 117 replies
GAL fees can usually range from $750 to $1,500, depending on the county and who is appointed by the court.

12 March 2024 | 4 replies
Just remember: most negative reviews are written by problematic tenants.
12 March 2024 | 4 replies
When I have stayed in AirBnB where they have me sign stuff usually it's auto messages that are sent out.

12 March 2024 | 6 replies
Its hair on fire usually every deal .. and normally what happens is folks start with those that advertise the cheapest they take way too long ask for way to much stuff then about a week before they lose the deal they call me needing my specialized services.

12 March 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

13 March 2024 | 26 replies
a less-experienced investor is more likely to be flexible with terms or want to come to them together. someone with more experience i'd think would already have a set of terms that works best for them and their deals. 8-12% annual interest seems to be the most common range. the security of lending to someone with more experience usually comes with a lower rate, vice versa. if you have someone you want to lend to, just ask!
13 March 2024 | 70 replies
The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

11 March 2024 | 12 replies
We’re usually listed in the top 5 or sometimes top 3 landlord-friendly states.

12 March 2024 | 8 replies
For instance, we'll usually go fro 75% of the cost plus rehab budget for a "newbie" to 90% for someone more experienced.

13 March 2024 | 8 replies
Assignment fees usually come in between the spread of what you're going to get the property for, and what the end buyer is willing to pay.