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1 July 2024 | 6 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
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3 July 2024 | 40 replies
There are suppliers in China who can supply pre-cut SIPs and they say they can source other exterior and interior finishes (except electricals and plumbing) from other suppliers and ship it.
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30 June 2024 | 5 replies
I have heard from multiple sources that legislators and real estate commissions are working on shutting it down or at least making it more difficult.
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30 June 2024 | 9 replies
I am a local real estate investor who runs data from public sources to try to find properties.
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28 June 2024 | 5 replies
I have seen quite a few CRE platforms (Loopnet, Reonomy, Crexi etc.) and all have horrible ratings with the Better Business Bureau.What does everyone here use as a reliable source of info to prospect and be able to do due diligence?
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1 July 2024 | 23 replies
This will give you the hands down most valuable skill in RE which is sourcing good deals.
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30 June 2024 | 54 replies
But like you said, here in Denver and Colorado Springs, prices can definitely go up when the source of inflow are cities with higher housing prices.
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28 June 2024 | 1 reply
Lessons Learned: We learned the value of sourcing deals directly from sellers, as Matt Rzodkiewicz did, which leads to favorable purchase prices.
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29 June 2024 | 8 replies
The other primary time requirement is tenant interviews and screening; which I feel could also be out sourced with a pre-made script (at least the initial phase of tenant screening).
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28 June 2024 | 10 replies
Using stabilized property algorithm to set value ignores the primary source of return.