Catherine Underwood
3 questions about investing in LA/SoCal
18 November 2018 | 19 replies
I am from England, so my questions might be culturally related.Question 1: “Ghetto areas” in LA
I’ve found a few promising properties in LA zip codes that, according to Best Places & City Data, have high levels of violent crime.In the UK, we’d call such areas ghettos and they are not worth investing in, as the tenants lack income, the monthly rental prices are low, and the property management companies provide a poor service.
Matthew M Farrahar
50% rule, The numbers just don't add up
13 October 2018 | 2 replies
rent * 50% = NOI - debt service = cash flowthe 50% rule is a guideline and not a rule.
Denise Pauzano
Need advice: Frustrated but don’t want to give up
5 January 2019 | 14 replies
We soon learned the area was starting to decline demographically, more and more low income applicants that couldn‘t qualify.
Account Closed
Tenant Ended Lease Early - Did you take them court?
11 October 2018 | 1 reply
If the tenant has notified the postal service of a forwarding address, the postal service will not only forward the envelope to the new address, but also notify the sender (you) of their new address.
Matt Gilroy
Military town rentals... Good idea? What to look out for?
18 October 2018 | 14 replies
@Matt GilroyI haven't been in the service in a long time, but traditionally, members who have dependents (spouses or children) usually have the option of living on-base in the military family housing for free, or off-base and receive a monthly housing allowance.So, it's not a bad gig.
Account Closed
Do you ever not do a qtr. insp. 4 tenants that don't complain?
13 October 2018 | 3 replies
Well maintained properties will lead to fewer urgent service calls and less property damage.Identify opportunities for property improvement.Clarify your expectations and tenant expectations.
Jon H.
Newbie Columbus, Ohio - Minimal Experience, Desire to Wholesale
13 October 2018 | 13 replies
These jobs have provided me a depth and breadth of experience (not just technical, but business, marketing, customer service, management, etc) and I intend to leverage it all as lily pads towards my goals.
James D Poe
Property management in DFW
19 December 2018 | 9 replies
I would love to answer any questions you have and share about our company and our services we provide!
Wendy Carpenter
Quarterly Financial Report for Bank?
18 October 2018 | 22 replies
You may have something written in the loan documents about the minimum ratio (ie. debt service coverage ratio, times interest earned, etc) that you need to meet in order to comply with their terms, so make sure you have the line items in your financial reports needed to calculate them.
Danny Di
Realtor.ca Listing for Lease - No Agent/Commissions
11 October 2018 | 4 replies
I'm turning around to the community for help, does anyone have any recommended companies they would suggest that offer the realtor.ca listing service for a flat fee, no commission?