Account Closed
I have one property, what next?
25 May 2017 | 15 replies
For funding your rehab project you could do some or all of the following: use your personal cash reserves, cash out from a refinance, equity access from a HELOC, construction loans (probably not enough value there for a lender), personal lines of credit, credit cards, money from retirement investment accounts, private money, hard money, or if your lucky maybe your PM company will flip the bill and you just pay them back from rent checks.
Tyler Beers
In Search of First Deal
23 June 2017 | 22 replies
I have a rule: I put 10 business cards in my pocket every morning and I don't go home until they're all gone.
Chris Lohmeier
Zillow now accepts Rent Payments
31 August 2021 | 17 replies
Now I'm trying to decide between Cozy and Zillow.Here is my comparison from what I see.ApplicationsZillow application fee is $29 vs $39.99 at CozyZillow application fee is good for 30 days for tenants to apply to other properties.Both use Experian and CheckrBoth allow tenants to add co-applicants.Cozy application has a few extra questions, like Drug conviction.Cozy allows references.PaymentsBoth accept ACH and Credit Card (with a fee to tenants).
Colleen Prescott
Advice for a brand spankin’ new & very excited member!
10 October 2018 | 24 replies
Credit card debt racked up a bit and now we have a mortgage and wonderful school loans to top that off.
Jean Claude
Moving from LT tenants to Airbnbs
6 April 2019 | 5 replies
Depending on demand I can adjust the price of the room and I usually make about 750-950 a month off a room.Based off my current model I am now thinking it will be smarter to apply the same strategy to entire condos in Atlanta and rent them for about $105 a night.Benefits - million dollar liability insurance , short term (can check on property) , debit card and gov id on file, payment with 24 hours.What do you guys think?
Glenn Kopensky
Florida: Tenant in Jail, complete stranger in house
25 January 2018 | 28 replies
Long story short, we paid her to leave and that took card of the matter.
Stephen Spearman
Moving Tenant Asking for Us Not to do Tours due to COVID
26 May 2020 | 64 replies
Another idea is to buy the tenant a gift card to one of the local restaurants that have recently opened so she can enjoy a nice dinner while you conduct an open house style showing.
Mark S.
Selling Credit Card Tradelines
16 February 2019 | 0 replies
I’ve heard about people selling credit (card) tradelines a couple of times, most recently on Countdown to FI podcast with The Millionaire Educator (I believe it’s episode 54).
Tyler Maten
Cash Out Refi vs. HELOC Pros and Cons
1 February 2020 | 5 replies
It acts more like a credit card for the first few years as all you do is pay interest.
Pete Storseth
Wrap around mortgage or lease option?
20 February 2020 | 24 replies
Driving for dollars could work for me too, get the foreclosure list, NOO list, and hit doors with some business cards, TRECs, a calculator and a legal pad.