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Results (10,000+)
Connor Thomas How to fix this BRRRR when my ARV is less than planned
7 November 2024 | 27 replies
Also, focus on 2 years of job/income stability.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.
Michael Baum Fed cuts rates by .5%
9 November 2024 | 87 replies
For the last 20 years the Federal Reserve's dual mandate has been to prop up both the SP 500 and the Nasdaq, not its purported goal to maintain price stability and maximize employment. 5 days ago a collection of Democratic senators wrote a letter haranguing Jerome Powell and asking him to cut by 75 basis points.
Mark Kelley How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.
Brienne Metcalf new land lord - inherited tenants
2 November 2024 | 9 replies
.--- Make sure seller at least collects & prorates November rent to you!
Bala Anirudh Kurakula Re: Partner Opportunities by SummitCapital Partners
7 November 2024 | 51 replies
There are many lawsuits filed against them, and they have failed to repay many past investors - I personally know of at least 20 people who are collectively owed millions. 
Ryan Taylor Can there be such a thing...and would it help...or even be legal
31 October 2024 | 4 replies
If a rental/lease contract is a legally binding document...enforced by collecting rent...or enforced by an eviction process if rent is not paid....then can there not be a document (legally binding) for a tenant to sign that would relinquish their rights as a squatter or due process of eviction...
Pete Schiebel Is it common to require first and last month's rent for new tenants?
30 October 2024 | 12 replies
Some will collect first, last, and a deposit equal to a month of rent.
James Wise Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
11 November 2024 | 65 replies
100%,, I do not collect rent, I simply coordinate maintenance and flip props.--- Why does your story change every time you speak?
Helene Goodworth Looking to learn from other Realtors who specialize in helping investors.
4 November 2024 | 10 replies
Collect people's contact info, share yours, and add them to your database/email list.
Beruk Lessanework New Member Intro
1 November 2024 | 8 replies
Also, focus on 2 years of job/income stability.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.