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11 January 2025 | 14 replies
Professional PMs use specialized tools to verify income directly with a tenant’s bank or payroll service, ensuring legitimacy.
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4 January 2025 | 28 replies
Yep both enjoying the investment both short term and as a Longterm investment.
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31 January 2025 | 20 replies
Although William Silva ghosted me for over one month, as soon as BofA contacted his bank, he blew up my phone with nasty phone calls and texts.
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16 January 2025 | 12 replies
It earns a great rate of return compared to a bank account and is fairly liquid.
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5 February 2025 | 35 replies
I do have reserves to cover contingencies.Let's just say, I'm satisfied with those numbers.Had I had to use a bank, I would have had to put down 20% for $33,000, plus closing and my payment on the remaining would be $1400 PITI including HOA.
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14 January 2025 | 18 replies
Another key benefit is diversification; an SDIRA allows you to include real estate in your portfolio, reducing risk by spreading your investments across different asset types, which isn’t possible with a standard IRA.Moreover, assets in an SDIRA often enjoy protection from creditors, adding a layer of security to your investments.
13 January 2025 | 41 replies
They send over 3 months of notices from the bank. $10,000 has been collected by the lender and is in an “unapplied” status due to the short payments.
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13 January 2025 | 0 replies
It wasn’t ideal, but it was the only way to keep the deal alive.I made the drive to her small town, met her at a local bank, and had the paperwork notarized.
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23 January 2025 | 56 replies
He is also giving me a bad reputation with my bank.
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12 January 2025 | 11 replies
Hey Daniel, you can use a platform like Avail that will give you all the info you need to know like:-Credit score- criminal record-eviction historyYou will also need to gather their:SSNIDPaystubs and 3 months bank statementsat least 2 past landlord references.If all the above check out, you likely have a great tenant.