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7 January 2023 | 2 replies
I completely agree that doing my homework, educating myself and asking the right questions is extremely important in selecting the right PMC, and I am thankful for the information that you provided.I also believe that this forum was designed for people to share their personal experiences with others, which is why I posed the question above.I DO appreciate all of the insight that you shared above, especially the series on "How to Screen a PMC Better than a Tenant."
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25 April 2018 | 125 replies
Does anyone have any experience with HUBZU.comMy experiences so far have been extremely frustrating and it comes across as a mickey mouse operation.
16 July 2014 | 33 replies
this is an extreme situation. yes I dont want to wait 3-4 weeks for FBI to return the report. but I sometimes have vacancies in winter ....I hold to the deposit and keep looking for another tenant.
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15 January 2014 | 46 replies
I don't see that good of a return on 120K houses when I run the numbers most of the time, but I have less experience than John and would not argue with him about what good price points are around here.As far as your discomfort with loans, it will take you, in all reality, at least 3 years to get 5 loans unless you have an extremely high income and do not need to count rental income for your DTI ratios.
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7 May 2013 | 8 replies
He knows multifamilies and Newark extremely well.
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19 February 2012 | 26 replies
The only way I would consider less money is if the financing is extremely favorable, such as zero interest.
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17 December 2014 | 9 replies
Sometimes they will advertise NNN when the landlord actually has a few responsibilities.Location is not extremely important, but if the tenant was to go bankrupt, you want to have a good enough location to potentially find a new tenant.
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17 June 2010 | 18 replies
Bill & Bryan,As mentioned previously, I'm extremely interested in entering some sort of partnership or mentorship for anyone interested...40 hours or 80 hours...I'm ready to go.
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9 August 2013 | 16 replies
On paper, their application looks good and doesn't show any red flags, but in person they are demanding and extremely nit-picky about tiny little details about the house.So how do I deny someone when they meet all the criteria on paper, but I can see they will be a problem tenant in the future?