Yannie Gold
Applicants with varying credit scores
19 September 2024 | 5 replies
Credit scores are tricky because there could be items like medical debt or student loan debt that weighs the score down.
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
17 September 2024 | 2 replies
Avoiding Foreclosure: By stepping in with mezzanine debt or preferred equity, investors can help projects avoid foreclosure, which can be more costly and damaging in the long term.
Maciej G.
Tenant threatens to sue me for $20 000
15 September 2024 | 61 replies
Debtor must clearly phrase their request to obtain: the source of a debt and the amount a bad debt buyer paid for plaintiff’s debt; how amount sought was calculated; where in issue a list of reports to credit bureaus; and documents conferring authority on third party to collect debt.Documentation of the creation of the debt with your collection agency.Under FDCPA Section 809 (b), you are not allowed to pursue collection activity until the debt is validated.
Nichole Gabriel
Absentee list vs. Probate List - Services?
12 September 2024 | 54 replies
Notice to debtors and creditors3.
John T Shoemake
Ya gotta start somewhere...
10 September 2024 | 2 replies
The biggest pitfalls I have seen among many of my peers while growing up in my 20s is that they tend to either get wrapped up in student loan debt, other debt, or lose aspiration in exchange for financial contentment.
Badri Malynur
Using a customizable fund to scale your fix and flip and BRRR business
7 September 2024 | 0 replies
There are many advantages* A customizable fund provides amazing flexibility to raise equity or debt or even a combination of both.
Malik Javed
Maximizing Tax Savings with Cost Segregation: A 6-Unit Apartment Building Case Study
4 September 2024 | 2 replies
This extra cash flow can be reinvested into the property, used to pay down debt, or allocated towards other investments.
Sam Liu
Selling & Buying with 1031
5 September 2024 | 13 replies
Any reduction in debt or cash received might be treated as "taxable boot," potentially resulting in tax liabilities.
Brianna Buscemi
Townhome rental or multi?
3 September 2024 | 9 replies
Sometimes, there’s even newer construction being built right after nearby causing the home values of the existing properties to drop and rental numbers as there is always someone with better access to debt or lower acceptable margins than you.
Helene Goodworth
Triplex in NY with section 8 tenants already in situ
2 September 2024 | 13 replies
My reactions: - There is no allowance for bad debt or vacancy, which will happen at some point - Repairs & maintenance are VERY low.