All Forum Posts by: Jodi Marsh

No I do not think it is impossible - There are a lot of questions that need to be answered.

What is your FICO?
What is your investing/fix and flip experience?

Where is the property located?

What is the purchase price and rehab amount?

What is the ARV?

There is a lot to unpack here.

85% LTC is easily attainable if you have experience and a good FICO.

Here is the kicker - 5 door puts you in a category of needing to have a few other 5+ doors or 4 units in your REO history.

Feel free to reach out if you have any questions.

@Jodi Marsh

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.

EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean? What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.? You’d be shocked by how little actual screening many PMC’s do!

 I would never pick a pm based on reviews  or an agent or basically anything that has to do with real estate.. Hotels and resturants sure.. anything else I would not even bother to look. 

Hi Alberto, the Morgantown Real Estate Investors group on Facebook will have one in the next couple months probably. We just had one the first week of August so we'll probably have another around the middle of October or so. 

 Compensation will depend on where you are. At $15/hour it was a bit difficult to hire. At $20/hour hiring pretty good people was relatively easy. I advertised the jobs with Facebook. ads