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20 June 2024 | 20 replies
Hi David thanks for getting back to me, its funny you mentioned kindskiptracing.com i came across them in the past few days... they seem to have some really good deals on skip tracing leads, especially for someone just starting off (pay as you go).
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17 June 2024 | 12 replies
I usually ding their credit but thats about it and move on because I don't want to pay any lawyer fees.
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17 June 2024 | 36 replies
They also wanted top dollar and have no pay histories, vacant abandoned properties….
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17 June 2024 | 4 replies
My tenant has not paid the rent for the current month which was due on 1st . I have sent him the three day notice by courier but he never acknowlege nor did he pick up my phone.
What are my options now?where should I...
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19 June 2024 | 10 replies
My tenants pay for their own utilities, and I own homes in Memphis, TN, but I was wondering if this was a solid strategy for tax benefits and energy conservation or to see if anyone else does this for their rentals.
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20 June 2024 | 2 replies
This debt type would throw economic projections for economists and increase the risk of lending for lenders.Phantom Debt is created when a consumer chooses the Buy Now Pay Later (payment plan) option when making online purchases.These types of payments are not currently reported to any credit agencies as debt which is why they have been given the term "phantom."
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19 June 2024 | 1 reply
I am trying to create a 100% pass through legal entity that will not be subject to any taxes or obligations to pay anyone within the entity a salary.
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17 June 2024 | 8 replies
The pros: - not having to do a major renovation from out of state- easier to get a conventional loan since the house is livable vs. a distressed property (would need to pay cash, do a hard money loan, some other type of financing)- can get a tenant in quicklyThe cons: - you don't know how good the renovation is, could be cosmetic without addressing underlying safety issues (plumbing, electrical, foundation, etc). - a home can pass an inspection but once someone is living in it and putting daily stress on the house (turning faucets on, light switches, turning on heat/AC etc), things can start to malfunction.
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21 June 2024 | 13 replies
I see people buying in the multi-unit space (5+ units) that are buying turnkey properties at a 6 cap and paying 6.75% interest with the loans they get.
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19 June 2024 | 4 replies
Can he keep showing the place and when he get someone else ready to pay and move in, can he cancel the section 8 process?