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Results (10,000+)
Megan Collins Beginner Investor - Fix and Flip need lending
17 October 2024 | 5 replies
Lenders title insurance policy should be obtained and all documents properly prepared and filed accordingly.
Nadia Muga Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties: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 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Devin James Why We Build 1 Floorplan Over and Over Again
15 October 2024 | 8 replies
We're able to crank out mods regardless of weather, have all of our inspections scheduled like clockwork, and control the timing of production with the site work.Ā 
Al Banfe Investor Friendly Bank - Florida
17 October 2024 | 16 replies
It has been my experience, too, that smaller banks with a deposit relationship have a lot of flexibility and a variety of products on offer.
Emily Shay Macon, GA Property Management recommendations
17 October 2024 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended abovešŸ˜Š
Annette Eck Landlordā€™s Realtor Letting Prospects Enter My Home Unsupervisedā€”Is This Legal?
16 October 2024 | 8 replies
Legally they are probably allowed to show whenever they want with proper notice.
Manthan Patel My goal is to buy my first condo for a rental. Any tips?
17 October 2024 | 7 replies
If you are leaning towards using a property manager or think you may at some point, just make sure you budget for that in your analysis so that your cash flow figures are taking that potential expense into account.Since this would only be your first property, IĀ don't think you need a professional hiring firm--it would probably be more beneficial for you to do the interviewing yourself to be sure that you set expectations properly, are aligned, and can work well together.
Joe Scott Tax return size --- an audit flag?
18 October 2024 | 8 replies
The key factor is ensuring you have proper documentation to support all the transactions, deductions, and income reported.
Robert Burns Smarter Contact SMS Marketing
15 October 2024 | 5 replies
Less expensive and more productive in my opinion.Ā Ā 
Deborah Wodell Jumping Back into Fix & Flipsā€”Whatā€™s New in the Market?
16 October 2024 | 2 replies
Activity will always be great when you buy right and make a great product.