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29 April 2024 | 11 replies
Hey bp,I am currently looking for my first credit card?
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2 May 2024 | 18 replies
When you pull their credit, go through each item and check to see if they continually have high credit card debt, if they have any 30, 60, or 90-day late payments, ensure they don’t have any judgments or collection items, and see if they have any large payments that will hinder their ability to pay rent.
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2 May 2024 | 8 replies
With housing prices skyrocketing, the increasing cost of raw components and lumber, and labor shortages, the idea of owning a piece of income property is just not in the cards anymore for many individuals.
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1 May 2024 | 2 replies
They are:* A welcome email and invitation to join our group's monthly drawing for a gift card* An offer to help any way I can (recommendations for things around town, etc.)* An offer to send them my vendor list (this one gets HUGE response)* An offer to join Homebot for their homes here or up north* A question of who keeps them up to date on the sales in their neighborhood and an offer to be that person.
1 May 2024 | 5 replies
Ideally if we played the cards right we would have option to take some of the init you do Equity out after adding value.Thanks for the help!
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1 May 2024 | 8 replies
I’ll be making between $250-$300k, with some credit card debt I’m hoping to get to by August.
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1 May 2024 | 8 replies
We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.
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30 April 2024 | 15 replies
My policy is to hold a card on file.
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30 April 2024 | 37 replies
Some of the clients that I work with like the ability to have an easier time qualifying for business lines of credit, business cards, or other forms of credit that is not specifically a mortgage or real estate related.
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30 April 2024 | 140 replies
Outside of real estate, I pay for everything in cash, and I don't carry a credit card.