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9 May 2020 | 3 replies
Its been a side hustle for me mostly, because my main job (engineering) has had me relocate to different parts of the country and as a result I would buy 1 or 2 rental properties wherever I settled.I've gotten to the point now, where I want to add to my portfolio again, and collectively each of my building would allow me to pick up an additional building for 100% cash.
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13 May 2020 | 2 replies
Where is rent from your tenants paid to, you as the landlord then you pay your property manager their fee or to the property manager then they pay you all the pretax income (NOI).Could you please go into detail describing your rent payment collections so I can learn.
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10 May 2020 | 2 replies
Second, those who retain servicing are concerned with capacity to process loss mit and loan workouts so they don’t want any investor loans or loans secured by the primary residence of investors because, statistically, investors are more likely than less sophisticated borrowers to strategically default.
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10 May 2020 | 4 replies
For anyone in my shoes would you take it to small claims or collection agency?
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10 May 2020 | 14 replies
If there is an issue, they are together collectively, not treated separately.
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12 May 2020 | 16 replies
Then they collect their cash flow, and save up for the next deal.
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9 May 2020 | 4 replies
Sometimes there would be 3 or 4 people with the same name.Also, starting this year, our collections attorney will not take a case unless we have a social security number.
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20 May 2020 | 7 replies
You'll collect much more money during the term of the lease to cover any costs you'll have, and it isn't refundable so you get paid either way.
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7 January 2020 | 3 replies
You start small, eat at your level of sophistication, perform, give investors great returns, and rinse/repeat as you work your way up the ladder.
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7 February 2020 | 12 replies
All my tenants were on it and the entire process was automated and seamless....from advertisement, applications, background checks, leasing, and rent collection.