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6 June 2020 | 2 replies
Example: a gfci outlet tripped--simple reset can be performed by the tenant themselves.
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9 June 2020 | 7 replies
... long story short, in my area of employment, wherein background searches are frequently performed, social media content is searched on persons of interest.
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6 June 2020 | 3 replies
The 50% rule is valid, and used by experienced investors for deal analysis because it works, and is surprisingly accurate across a wide spectrum of properties: https://www.biggerpockets.com/...It's common for listing agents to paint a rosy picture of a property's performance.
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13 June 2020 | 15 replies
Always do a background/credit check, call their last two landlords, collect a security deposit, have a formal lease, call their employer to verify income and to get an idea of how they perform at work and be extremely clear in your standards.
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10 June 2020 | 79 replies
Use the cashflow from your newly performing asset to build those reserves, and when you refinance to recoup your initial investment, you'll be in a better place than you were.
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7 June 2020 | 1 reply
I’d be happy to hear stories of recent deals performed using either of these or other financing methods.
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11 June 2020 | 9 replies
Not included pools of notes which totaled I think 5.Performing - 132 available where 19 are 2nd's / 21 pending sales (19 are 1st's) Non-Performing - 51 available where 12 are 2nd's / 5 pending sales (2 are 1st's)There appears to be some good notes available so are buyers in a waiting pattern?
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13 June 2020 | 13 replies
You have to be ok with different liquidation outcomes.For example, if you buy a non performer with the intent to foreclose and get the property back, what happens when the borrower files BK 13 on the day of the sale, and prevents you from foreclosing for at least 5 years while paying on their BK plan?
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10 June 2020 | 3 replies
There are synergistic enhancements to a workflow that can only be performed when a group is working together in an office.
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10 June 2020 | 2 replies
New restaurants (mostly Denver-based establishments, which I have to point out as a Denver snob now living in Colorado Springs), a sports venue, higher end apartments.