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26 November 2024 | 1 reply
The detectors simply need a common wire such that one goes of, all go off.
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29 November 2024 | 24 replies
Population is growing and the job market is strong (major employers developing like Intel, Amazon, Meta, etc.)
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25 November 2024 | 6 replies
Delays are typically caused by previous landlords or employers who don't respond to our requests for verification.
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29 November 2024 | 6 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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28 November 2024 | 8 replies
Big companies expanding in the area means employment and a strong tenant pool and high occupancy rates.
26 November 2024 | 7 replies
This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.
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25 November 2024 | 11 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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21 November 2024 | 10 replies
You file for eviction and they employ multiple delay tactics that extend your court case 3-6 months without batting an eye, all while not paying rent.
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26 November 2024 | 12 replies
Keep in mind that you'll need to qualify full doc (DTI, employment history and income will all come into play) and the property typically needs to be titled to yur personal name, not an entity.
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28 November 2024 | 10 replies
Not every lender may do it that way, but that will likely be the most common method.