
15 October 2024 | 3 replies
Get a title search, or see if the county does one and if you can get a copy; it may be considered attorney work product and non-public, but you can always ask.Also, see if you have any local investor groups and if so, if anyone has experience and can walk you through some of it.

15 October 2024 | 40 replies
This can provide additional liability coverage beyond what your regular property insurance offers.Steps to Consider:Speak with Legal and Financial Experts: Prior to making a choice, get advice from a tax and real estate lawyer.

16 October 2024 | 17 replies
I can just see non licensed folks getting totally cut out they don't have a listing agreement are probably acting illegally etc. so buyer or seller says Eh not paying you.. and your done.

15 October 2024 | 34 replies
Non-gullible people see right through it...it's easy to recognize those who are doing what they preach vs those who are just selling (all hat and no cattle).

14 October 2024 | 7 replies
Third, post a 7-day non-curable notice.

13 October 2024 | 5 replies
ThanksHello Imani, my husband and I have been building big beautiful brick properties day in and day out in Detroit for the passed 5 years straight and I’m proud to say we are experts in all aspects of building and maintaining successful rental properties in Detroit City.

14 October 2024 | 8 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

16 October 2024 | 9 replies
Hey Bryan, If you are in search of a non traditional business purpose loan there are DSCR based 2nd Mortgages (Must be an investment property) Or Hard Money 2nds on Primary Residence (Funds must be used for business purpose).

13 October 2024 | 0 replies
And I get great feedback from them (my clients), but wanted to ask some non-clients what kind of things they're looking for in an agent helping them invest from as far as across the coast or even the ocean sometimes?

14 October 2024 | 13 replies
Non warrantable is what you’re looking for.