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26 October 2024 | 14 replies
They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process.
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27 October 2024 | 15 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.
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26 October 2024 | 11 replies
Just make sure you collect more data before making a decision.
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28 October 2024 | 5 replies
You can refer out the deals that you don't buy and collect a commission.
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24 October 2024 | 4 replies
Quote from @Yixiong Pan: It's possible, but it's also possible that the tenant will destroy your house and you'll never know.Managing investment property involves more than collecting rent.
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23 October 2024 | 4 replies
We are all familiar with buying or originating a note and collecting the interest until the notes pays off.
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19 October 2024 | 14 replies
Am I the only one having the problem of rental collection.
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25 October 2024 | 17 replies
The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.
26 October 2024 | 6 replies
Low cap rates because you dont have to do anything, just collect the 4% or 5% like a CD at the bank.10% Properties are going to be more involved.
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24 October 2024 | 7 replies
Key features include:- Automated rent collection, late fee processing, and lease renewal reminders- Marketing your units across multiple sites (zillow, apartments.com, etc.)- Integrated compliance module for local ordinances and regulations- Customizable reporting and analytics dashboards- User-friendly interface for landlords and tenantsMy goal is to empower landlords with efficient, cost-effective tools to manage their properties, minimize risks by being updated with all the regulations in their markets, and maximize returns.