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Results (10,000+)
Ricky Moore First-Time Poster Seeking Advice: How to Approach Heir About Inherited Property
16 January 2025 | 2 replies
Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?
Emily Shin New in real estate
29 January 2025 | 22 replies
Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.
Olga Daisel Advice on investment type
23 January 2025 | 5 replies
Even at $1500/month that is $18,000/year… so I’m having trouble understanding $150,000/year unless you are building 10 free and clear rentals?
Chris Magistrado Remote Flipping, is it possible?
29 January 2025 | 10 replies
Even trusting a brand new GC who's licensed/"qualified" is a risk from out of state, let alone out of country.
Allende Hernandez Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?
Abrahm Dimmitt Prop stream or Deal Machine?
17 January 2025 | 35 replies
They even integrated a D4D feature, so overall they have DealMachine beat. 
Zach Howard New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 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.
Paul Stewart STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
Even if it was 8 hours a week that is pretty crazy.
Aaron Hill Heloc issues LLC
10 January 2025 | 6 replies
So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.
Giuseppe Di Pietro Pergola Recommendations for backyard in Clearwater, FL
13 January 2025 | 5 replies
One golden rule I follow,if it takes a long time to fix/replace when it breaks, don't buy a cheap one.Imagine, this thing breaks in the middle of your peak season and the people who can come out to rebuild are 2 weeks out....It takes at least a day or two to build something like this even if you are super skilled.