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3 July 2024 | 3 replies
Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!
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3 July 2024 | 1 reply
If I did decide to go this route, are there any pro tips anyone can provide on what I should screen for during the tenants application that is more specific to dealing with housing voucher applicants?
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1 July 2024 | 6 replies
Tenant screening is a challenging, but critical piece to being a successful landlord / investor.
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3 July 2024 | 4 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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3 July 2024 | 14 replies
She has screened a few people interested from Facebook, and she’s set her mind on a couple living in a very bad apartments from another state, who want to move in immediately (like next week).
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3 July 2024 | 4 replies
For example, TenantCloud will push (syndicate) your advertised rental to multiple websites at once, casting a wider net and increasing the chances of finding a renter.No matter how wide you cast the net, you still need to have some pre-screening requirements to weed out the people that are wasting your time.
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10 July 2024 | 87 replies
--> rex business model and/or Roofstock model, doesn't follow MLS route.Both REX and Roofstock model doesn't have buyer agent structure, but behind the screen, lot of REX listing as far as I know, is not introduced by the buyer agent to the buyer because it's not part of the ecosystem and they dont receive commision.
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4 July 2024 | 11 replies
You're leveraging the ability to find/screen/properly manage people and properties.
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30 June 2024 | 3 replies
Does anyone have nay suggestions when it comes down to screening besides the basics.I know some people like to visit potential clients homes to see if they are clean and orderly, but that can be a bit challenging when we are out of state.