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Results (10,000+)
Marvin Meng How do you collect rent?
19 February 2020 | 50 replies
I withdraw rent weekly and bi weekly, automatic payments withdrawn from ach or credit card accounts.
Nazeam Joseph Would you allow pets in a new built never occupied Duplex?
12 February 2020 | 48 replies
i do currently have a long term tenant (twelve years, Section 8 for the past seven) who lost her husband some time ago. 
Aaron Hudgins Starting in real estate
12 February 2020 | 2 replies
With little to no money in hand and not so good credit how would I be able to start off or what could be some steps to speed the process up ??
Gabriel Kolendrekaj I'm an Agent, one of my Sellers wants to invest in my flips.
1 February 2020 | 1 reply
And detail how that speed of execution (among other things) allows you to then offer X% return to your valued Private Lenders.
Adam Dylik Deal Structuring With Additional Collateral Property
7 February 2020 | 11 replies
Time and speed of closing make my "sucker" clients a shitload of profits.......Just my opinion
Kenneth Garrett Rent Collection with COZY
2 February 2020 | 2 replies
I’m looking for an automatic rent payment solution.  
Ben Nevid Timing for offers for long distance investor
2 February 2020 | 0 replies
My challenge so far is that while I am trying to get up to speed on a neighborhood/area, and get an estimate of costs that need to go into getting a house rent-ready, I am losing out on the chance to offer.  
Jacob Ritter Young Professional... Where to start? Numbers to run beforehand?
3 February 2020 | 6 replies
Without any deals, you can't possibly establish an automatic process that fits your business.
Aaron Cook First Deal - Diary of a Newbie
18 February 2020 | 9 replies
Down Payment - $17,700 (20%)Closing Cost – TBA (estimate is $6500)The property is currently occupied by a tenant, we do not have an appetite to keep them in place for a couple reasons We don’t want our tenant to know more about the house than we do.We have read Brandon’s book on managing rental properties and feel that we need to take ownership of     the tenant screening process and develop real skills in this area.The tenants are a family friend of the current owner and the rent rate is way below market rates.During the walk through we noticed there is a spongy floor in the hall bathroomIt seems there was/is a leak associated with the bathtub and it has caused damaged to the subfloor, joists, etc.We have had the termite inspection completed and after talking with the termite inspector here are our key takeaways.We start with getting a termite treatment in place to resolve the one small termite trail they found.The seller will pay for this as we made the contract contingent on getting a clear termite letter.Next, we need to verify the cause of the water damage has been fixed and will not create additional issues in the future3rd we need to make necessary repairs to the joists, subfloors, etc in the hall bathroom.4th we need to clean out the crawl space underneath this house5th We need to replace the insulation and old vapor barrier underneath the house.6th we need to install vent wells for the vent ports outside the house.With tenants still living at the property it is very difficult to get access to the house during this time period.As soon as we have full access to the house our plan is to do very systematic walk-throughs and start building a punch list for repairs.We have multiple people involved in this industry who have offered to come do walk-throughs with us and provide suggestions on items we should fix and how to fix them.Our plan is to do 3 or 4 walk-through's, build out a line item punch list and then start prioritizing what needs to be fixed.We plan to support these punch lists with photos or videos as appropriate to help speed up getting quotes from contractors.Because this is such a small house (1125 Sq. ft) we feel we can keep our rehab costs reasonable.We plan to be very involved in the rehabbing process in order to save money but also to gain experience so that for future projects we have a better understand of what we don’t mind doing and what we know we want to contract out.Next Steps Closing is first week of March, 2020Working through the financing process right now with the same bank who is refinancing our primary residence.Trying to get organized and prepare ourselves to get the rehab finished ASAP.I plan to make weekly updates on this; any feedback or questions you have would be great.
Wes Harrington To build an ADU to help speed overall mortgage paydown - Yes/No?
10 February 2020 | 2 replies
The reason for doing so would be multi faceted; largely to house additional family when they come in town, possibly help to speed the pay-down of the overall mortgage (even though we would be taking a HELOC to partially fund the new ADU), and selfishly have been considering a pool with the idea that we could ultimately offset some of the monthly cost from the income generated by the ADU via AirBnB or long term rental.