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8 November 2024 | 3 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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2 November 2024 | 22 replies
If you don't want to deal with guests in what is a customer service oriented business, then that means it is time to get out.
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9 November 2024 | 17 replies
Make sure to check company reviews and educate yourself on the difference between checkbook IRA and Custodial SDIRA.
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6 November 2024 | 8 replies
If your Offer lets you "review and approve" of leases, and you feel they are not as expected and decide you can't live with the turnover right after purchase, than can discuss backing out with your agent.
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6 November 2024 | 6 replies
Your attorney will review the contract, help with due diligence, and ensure that the closing process is handled properly.
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8 November 2024 | 18 replies
I read a few reviews on an agent that came up on BP and they were not great.
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7 November 2024 | 12 replies
They initially told me I didn't need to review the contract, as it was solely between the management company and the tenant.
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8 November 2024 | 14 replies
I’ll look further into the “subject to” approach and review the article you shared to better understand the potential risks and strategies.Gaining a seller’s confidence is definitely something I’ll keep in mind if I pursue this route.
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11 November 2024 | 16 replies
You need to do an independent review of the sold comps, DOM, and the finishes you need inside to get the ARV you see.3) When projects pass the paper test and pass the number tests, then you need a GC and an Agent or some kind of designer, who have already looked at all the comps, walk the space and put together a budget that works and that will get you the number.4) Now you need a good relationship with a money source.
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30 October 2024 | 4 replies
Is it worth it to have my contracts drawn up, or at least reviewed by a Real Estate Attorney.