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Results (10,000+)
Mark Dutton I hate having mortgages
18 October 2024 | 34 replies
But if the debt is say 50% of value - what’s the chance of the property not “covering” the debt  and your personal guarantee being enacted? 
Kevin Nelson Seller Financing Standards
19 October 2024 | 5 replies
Seller financing is very hard to get.Most seller has the intent of collecting all the money upfront for a new property.To entice the seller to accept a low down payment, agree to the purchase price without negotiating, cover the closing costs and if there are any commissions involved with brokers/agents.
Tim Porsche When and How Much to Lower Price on Flip
20 October 2024 | 8 replies
- **Addressing the Cesspool**: Since the cesspool is a known issue, consider including some language in your listing that reassures buyers this is normal for the area, and perhaps offer to cover some closing costs or provide a credit toward upgrading the system if necessary
Joey Gong ceiling leaking repair
18 October 2024 | 5 replies
The roof and drywall should be covered by your wind insurance.
Joseph Scorese Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Concessions: Ask sellers to cover closing costs, repairs, or provide price reductions.
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.
Felix Rivas Sanchez New to the block.
17 October 2024 | 5 replies
I want to cover home and commercial sales as well as rental ownership and management. 
Lance Turner LTR with an STR ADU
23 October 2024 | 28 replies
Protecting Against Bedbugs: Bedbugs can be a nightmare for STR hosts, but here are some proactive steps:Mattress and Box Spring Encasements: Use bedbug-proof covers on all mattresses and box springs.
Courtney Hamilton Property Management Search
17 October 2024 | 4 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Andrew Rivera General questions regarding regarding LTR using DSCR for section 8 tenants:
17 October 2024 | 0 replies
Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept).