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11 July 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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11 July 2024 | 24 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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12 July 2024 | 12 replies
Consistent design elements across multiple properties can create a memorable experience for guests and build trust in your brand.Increased Guest Satisfaction: A professionally designed space can significantly enhance the guest experience, leading to higher guest satisfaction scores and positive reviews.
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10 July 2024 | 0 replies
Hi there, curious if anyone local to OKC or an investor in the area knows of a website or has docs in regards to various zones/area codes and what their ratings/scores are in and around the OKC area. i.e. zip code: 01456 Grade: B-.
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11 July 2024 | 1 reply
For these, one needs expertise and experience to sift through low FICO score applicants to approve the "best of the worst".
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10 July 2024 | 1 reply
In my listing, I posted a minimum credit score and income.
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12 July 2024 | 17 replies
Does he meet your minimum credit score requirement?
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13 July 2024 | 51 replies
One works for MTA, other is a teacher in Union county.
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10 July 2024 | 5 replies
Does anyone have experience with a bank or credit union that is offering Helocs in 2nd position on small multifamily investment properties without goin the commercial route etc...
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10 July 2024 | 6 replies
With school scores at 3/2/2 and what seems to be significant risk involved, an investor might consider better options like investing in a high-yielding savings account earning 5.5% without the associated risks.