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18 October 2024 | 7 replies
Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!
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16 October 2024 | 0 replies
As interest rates climb, how are Texas buyers adjusting their strategies to secure property?
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17 October 2024 | 12 replies
They own a note secured by the property.I think you are convoluting equity investors and the typical terms and structures provided to equity investors and private lenders.Think of your "investors" as the bank.
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13 October 2024 | 7 replies
Hi all,Is there a free online application portal landlords can use for free? I only have one unit that I hope I will continue to retain a tenant long term. Current tenants are moving out after over 4 years! The last t...
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21 October 2024 | 13 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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18 October 2024 | 5 replies
These two achievements will definitely help you in securing funding for future projects, as private lenders consider experience when deciding what leverage they're willing to offer you.
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15 October 2024 | 4 replies
Personally, I generate steady cash flow through rental income from workforce housing and multifamily properties, but the value really comes from the appreciation that takes time but is happening, especially in markets like Dallas, where property values are rising steadily due to a major supply demand imbalance.
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16 October 2024 | 13 replies
I earn around $15k/month from my business, but my income is somewhat variable, which might make securing financing challenging.
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17 October 2024 | 4 replies
I priced it only about 14% higher than the long term rental which matches traveling health professionals' budget on Furnished Finder.So I'm leaning toward longer term rental because even if I secure midterm tenant, that 14% more isn't really worth the potential vacancy.
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24 October 2024 | 55 replies
But you really only get 1 or 2 questions max and how is that really gonna help you secure a deal?