Paul Passafiume
Anyone tried Ziprent or remote property managers??
3 November 2024 | 8 replies
Ziprent will write the lease, execute it, then get the tenant in the unit and collect first month's rent and deposit.
Evan T. Ong
I'm really uncomfortable with how my future will turn out.
31 October 2024 | 24 replies
Perhaps shifting your mental to approach to a continuum of "Least Optimal" to "Most Optimal" is better phrasing.
Connor Thomas
How to fix this BRRRR when my ARV is less than planned
7 November 2024 | 27 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
For the last 20 years the Federal Reserve's dual mandate has been to prop up both the SP 500 and the Nasdaq, not its purported goal to maintain price stability and maximize employment. 5 days ago a collection of Democratic senators wrote a letter haranguing Jerome Powell and asking him to cut by 75 basis points.
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.
Brienne Metcalf
new land lord - inherited tenants
2 November 2024 | 9 replies
.--- Make sure seller at least collects & prorates November rent to you!
Tyler Bailey
To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
This is not optimal for return, but I have a similar issue with my properties that if there was not the recent interest hikes, I may have refinanced.
Eddie Miretsky
New to REI, looking for support in starting out within the New England area.
30 October 2024 | 7 replies
If some funds are available, is the standard 25% down 30 yr fixed loan optimal or would you recommend different financing?
Bala Anirudh Kurakula
Re: Partner Opportunities by SummitCapital Partners
7 November 2024 | 51 replies
There are many lawsuits filed against them, and they have failed to repay many past investors - I personally know of at least 20 people who are collectively owed millions.
Ryan Taylor
Can there be such a thing...and would it help...or even be legal
31 October 2024 | 4 replies
If a rental/lease contract is a legally binding document...enforced by collecting rent...or enforced by an eviction process if rent is not paid....then can there not be a document (legally binding) for a tenant to sign that would relinquish their rights as a squatter or due process of eviction...