
31 January 2025 | 44 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

24 January 2025 | 10 replies
Certainly partnering with companies that have consistent replacement properties available makes sense if the properties meet your investment guidelines.

14 January 2025 | 7 replies
Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.

24 January 2025 | 10 replies
Check out competitors of this company.

23 January 2025 | 3 replies
I would look for a professional company like Rentwerx.Here's an eviction resource: https://guides.sll.texas.gov/landlord-tenant-law/about-evict...

21 January 2025 | 11 replies
If you can purchase this home with private money or seller financing and get a $110k loan, then you could do a rate/term refi right after so do a 90 or 120 day note to secure the property and get it in your name, then refi into long term debt using the full appraised value.

23 January 2025 | 23 replies
I also own a short-term rental co-hosting company.

21 January 2025 | 1 reply
I am currently self employed as a GC with my own company: Carolina Premier Homes.

8 February 2025 | 34 replies
Like law office, day spa, or some other small company space?

21 January 2025 | 3 replies
If you decide to sell one of your houses, it could be an excellent opportunity for an investor looking to capitalize on the strong demand for student housing in the College Station/Bryan area.As a real estate investor, realtor, and owner of a construction company in College Station, I'm happy to help in any way I can.