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4 September 2024 | 8 replies
I agree all deals are slightly different and that makes a standardized system harder to implement but I started a living document to guide us through the wholesale process.
4 September 2024 | 11 replies
Most people that are trying to forge ESA documentation do not know the rules.
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3 September 2024 | 6 replies
Quote from @Michael Daniel: It's very important to know what you are buying, which includes confirming the presence of a written lease and what the terms may be.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).
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7 September 2024 | 36 replies
I'm not saying you actually violated any laws or committed any human rights violations, but this is exactly why it's vital to have an objective, documented screening process and publish your criteria on every advertisement for the property that you put out there.
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7 September 2024 | 85 replies
Our current inventory can be found on our website via the links to the live google documents, but I will send them to you as well.
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5 September 2024 | 17 replies
@Jordan MoorheadI had written out out a response that was documented with statistical evidence across the asset classes that are good ones... but on 2nd thought.
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8 September 2024 | 101 replies
Waking up at 6am to conduct repairs before work, staying up until 1am after work showing properties, buying supplies at Depot/Lowes, repairing more properties, and calling back applicants since no one in D-class has/uses email, ever.Confronting the realization that no screening any PM will ever do can filter out for populations that live off the grid and outside of traditional credit markets. 400-500 credit scores are expected, past landlords that were unreachable, and jobs that were often cash money with little/no documented receipts.
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3 September 2024 | 17 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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4 September 2024 | 39 replies
A delay in closing is not only inconvenient, it may increase the cost of the loan.Understand the Terms of the Loan: Carefully review your loan documents, including the closing statement, before you close on the loan.
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4 September 2024 | 9 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?