If they're constantly late (without paying fees or getting caught up quick) or a massive headache then I stomach the loss of rent and send them down the road.Good luck!

I would also choose one real estate niche and try to become an expert in that niche.Biggest lesson is taking massive action without properly educating myself.

Even if the deal falls apart, you've been paid.However, any assignee with half a brain should require all funds to go through escrow.I have a client who -- against all advice to the contrary -- gave a decent size EMD to an LLC seller directly... and the sole member of the LLC commingled those funds with others and then DIED, with a massive list of creditors.

So for us Q 3 Q4 2022 was not good Q 1 Q2 23 is heading in the right direction and we have not had to take any massive price cuts.. or lower our quality.

Hey Nathan - just in general, we have seen massive appreciation on real estate the past three years, and SW MO is no exception. 

Each one.There will be massive deals and tiny ones.

There seems to be a break in trust here if he had a massive debt that he did not tell you about as he came onto your assets.

Believe it or not, mortgage companies do not have a massive database of everyone's family tree.

@Corey Davis just send me a PM I will be glad to explain our non recourse product. but really its pretty simple. you find a deal you get it TK and tenanted we loan 50% of what you have in it for 5 years.. gives you time to hopefully ride the market up refi or sell for massive profits :))

I do think that they will be able to sit on a lot of these single family properties even if they lose money in short term, especially when you have huge companies/ funds saying they have committed massive amounts of money to single family houses in markets across the US.