Carlos Quiros
Property Management Repair Questions
8 May 2024 | 8 replies
Can I pay the contractor I found myself and just let them know the work is being done or is it best to run everything through the manager?
Neetu Patil
Need advise about first time rental property
11 May 2024 | 4 replies
The slippery slope of late rent payments start with checks because there is less footprint on their actions to actually pay you and they can falsify dates.
Ramsin Jacob
Can a licensed agent, partner on a JV fix/flip deal?
9 May 2024 | 11 replies
You simply have to be honest in all your dealings with people and make the proper licensing disclosures so there is no chance of confusing the “I am representing you as an agent verses I am representing myself as a principal in this transaction”
Dan Panea
Bookkeeping, Accounting and Taxes
9 May 2024 | 8 replies
Back then there really weren't many options but I still feel that you can easily use excel and do not need to pay for these programs and pay a monthly fee.
Cheyenne Bolin
New Flippin’ Investor
9 May 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Daniel Sam
First Time Investor Tips
12 May 2024 | 2 replies
I'm not a cashflow is everything guy but I don't like taking money out of my pocket to pay bills.
Nelish Patel
Tenant late paying rent
7 May 2024 | 4 replies
Sometimes it is best to pay the tenant to get her out of sight.
Ryan Sage
Cold calls?Mailers?How should I be reaching out to off-market distressed properties?
11 May 2024 | 6 replies
In addition, I pay a 1,000 finders fee to anyone who tells me about an unlisted house that I buy.
Jonathan Rivera
House Flipping in New Jersey?
9 May 2024 | 8 replies
My reply didn’t quote properly.
Corazon B.
Good Deal or Bad Deal?
11 May 2024 | 25 replies
I'm looking to pay cash since my job is not stable and move from one job to the next (i'm an artist).