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20 February 2025 | 8 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
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19 February 2025 | 42 replies
Vaughn is 40 years old, has a Bachelor of Arts in Marketing and Business Management from Temple University in Philadelphia, and resides in the City of Tampa, FL.Ms.
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7 February 2025 | 41 replies
My weekly podcasts will also help you get a better feel of our market and then might help you learn our market quicker and with more data.
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5 February 2025 | 8 replies
So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.
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4 February 2025 | 10 replies
@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.
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11 February 2025 | 1 reply
I’ve looked into blanket loans before, but I’m curious about how they’re shaping up in today’s market.
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17 February 2025 | 7 replies
As an aside, insurance companies are inspecting most properties one way or another in the current market.
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8 February 2025 | 12 replies
Just do thorough research on the local market and have a solid plan for managing the properties remotely.Good luck!
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12 February 2025 | 2 replies
That being said, and this is not for a sourcing homes for sale, but to source accredited investors in my line of work, the average marketing agency is looking at about $30-50/accredited investor lead setting up a call.
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3 February 2025 | 32 replies
The high appreciation market will be the higher cash flow market over the hold.