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12 February 2025 | 43 replies
Hi Nida,I'm a bit late to the party but better late than never I guess lolIn the search bar here on Bigger Pockets or even a Google research will reveal a lot of info about certain companies.I'd always like to joke around and say that "Google is your best friend" when looking to work with someone new lolI'd like to second Jason's comment who has been around the turnkey game for a long time and has probably conducted due diligence on many if not all turnkey providers over the years.Not many have stood the test of time and I'm proud to say that we have.Not intending to plug my company as we have many battle scars that started from day 1.But still here and still battling away 🤓Why we survived and thrived unlike many others was keeping our operation small and boutique and only doing deals on our terms.Low volume sales and thorough investor pre-qualification (As not everyone that has a pulse is necessarily a good fit for what we can provide).Some investors did better than others but one thing I can happily say is that we always did our best for all.I believe a very important component to any "true" turnkey company is that the penny ultimately drops must drop with them.Meaning, if you invest and things don't go the way as planned it is entirely up to them to rectify.No finger pointing or passing on the monkey to someone else (Like a realtor, contractor or PM).A true turnkey company stands behind it's properties, rehabs and in-house property management.Key phrase here is "in-house property management".Everything must be under the same roof and the provider must take all responsibility for the outcome of that investment.Wishing you much success
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7 February 2025 | 7 replies
Missing ductwork and the A/C not working right could have been quickly tested during your walk through.
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19 February 2025 | 13 replies
Personal Financial Statement Borrower’s Schedule of Real Estate – or- Resume illustrating experience2-3yrs Personal & Property Tax Returns – All schedulesPrevious Year and YTD Property Profit & Loss statement w/ detailed expensesRent Roll w/ detailed lease informationCopies of all Leases3mo.
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3 February 2025 | 3 replies
If you don't have to return fees, but you do have other properties available: the unit has been leased to an earlier applicant, I would be happy to roll your application/screening fee over to another of my available properties if you are interested, here is a link to my listings:Â If neither of those scenarios.
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5 February 2025 | 18 replies
Small-Scale Testing:If you're uncertain about diving into a larger project, you might want to test them with a smaller loan to see how they handle the process.
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20 February 2025 | 22 replies
There's talk of rolling back some of Dodd Frank with the new administration, so we'll see.
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21 February 2025 | 13 replies
I'd say consider split testing the SFR and LTR approach.Â
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19 February 2025 | 15 replies
So actual benefit is hard to nail down until it's actually tested/required to provide protection in the event of a lawsuit.Â
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29 January 2025 | 1 reply
Be honest—are you waking up early and controlling your day, or are you rolling out of bed and playing catch-up?
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5 February 2025 | 11 replies
Do a toilet bowl test , put food coloring in the toilet tanks and check for bad flapper valve .Â