Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
The investors would be advised to pool together some capital to retain the services of an experienced securities law firm to do an analysis of whether they have cause for complain, cause for lawsuit, and reasonable chance of collection.
Aus Smith
Property Management - Contract and Fee Structure
14 November 2024 | 10 replies
Any fees collected by the property manager should be a separate charge and not deducted from rent.
Leon Lee
MTR vs. STR
13 November 2024 | 8 replies
If you want to optimize you could identify the busy season and make that STR friendly and then the rest of the year block it for longer stays.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 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.
Andy Rousch
SEO Optimization and what website builders being used for Websites
5 November 2024 | 7 replies
And what are you using to help optimize the SEO?
Michael Williams
Mortgage Note Syndicator Not Communicating
23 November 2024 | 26 replies
Cherry South Bend INCurrent Property Status: This asset is sub-performing, which means the borrower is due for July, and foreclosure is to be referred next month if the account is not brought current.Syndication: Scottsdale REI - III - XXVIProperty Address: 172 Carlson St, Westbrook MECurrent Property Status: The borrower is currently in foreclosure, and the Fair Debt Collection Practices Act (FDCPA) letters have recently been sent to the borrower.Syndication: Scottsdale REI - III - XXVIProperty Address: 13959 465th Ave, Wilmot SDCurrent Property Status: Scottsdale was required to issue Service by Publication.
Morgan Russell
Business evaluation spreadsheet
16 November 2024 | 11 replies
I I am playing with different scenarios and want a back of the napkin number I will use https://www.omnicalculator.com/collections/real-estate.
Shawn C.
Best MTR software approach for owner-occupied house hack (no other properties)
13 November 2024 | 11 replies
I recently considered switching to KeyCheck but decided to stick with RR for two important reasons: 1) RR allows for weekly rent collection, which is recommended by my real estate attorney, and 2) RR has lower credit card processing fees for tenants.
Michael Dallas
!st Private Lending Deal
16 November 2024 | 14 replies
The 2nd lender has collected $9,600 in interest but still has all the money tied up.
Kendrick Seen
CRM and List Management
11 November 2024 | 6 replies
Nothing beats a custom optimized CRM to fit your needs and how you do business.I honestly feel like everyone selling CRM try really hard to make people believe they need an "out-of-the-box" system, but this truly HAS to be customized to how you manage your leads.For Lead generation we leverage GrumpyHare.