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20 March 2020 | 3 replies
I ran a background on a potential tenant and I denied their application based on information provided on the background check.
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19 March 2020 | 3 replies
I, fortunately, have a 90% occupancy right now (should be 100% but I ran into some issues with a tenant).
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20 March 2020 | 1 reply
As an example, they had:- Solid work & rental history (10 years in their current rental)- More than sufficient income (I require 3x rent but they had about 7x)- No prior evictions (this is a hard rule I will never waiver on)- Positive overall credit picture (not a single late payment on any of their accounts when I ran their credit), plus credit scores for both spouses in the mid/upper 700sSo, although I can't see into the future, it just isn't likely to me that applicants like this are going to get into my property and suddenly start paying bills late (or not at all) for the first time in their lives and tank their credit or risk an eviction.
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21 March 2020 | 4 replies
I have a seller who is asking for $320K for his home (3 bedroom/ 2.5 bathrooms 2100 Sqft in Parkland FL) I ran the comps and the price for the home is within normal range.
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9 May 2020 | 29 replies
My wife and I ran some quick numbers (we were very conservative) and if we go to Hawaii and IF she can get a job teaching we can save about $2000/month even if we have to pay rent/ a mortgage.
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30 March 2020 | 2 replies
Being able to brand myself and build a team in the future, great training, culture, and ability to have control of growing my business is big for me.I would love any feedback from someone who has worked with any of these brokerages and/or does luxury homes.
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22 March 2020 | 1 reply
Instead of the typical 30 day, we extended the contract a bit to allow them time to finish up.Reason #2: I ran into a HUGE hurdle with financing because I had a non-occupant co-signer in my dad.
1 April 2020 | 15 replies
As we see, the media continues to shape our culture.
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24 March 2020 | 3 replies
I ran into some tenant issues with squatters that has slowed down the rehab process, so far I have only completed two units and the roof.
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24 March 2020 | 9 replies
I ran numbers other day to make sure and at this time have enough cash set aside in business to cover all properties mortgage for 12 months just in case I loose all tenants.