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31 August 2024 | 5 replies
Lease Management - Avail.co, Apartments.com, Buildium, TenantCloud, - many others - they can List For Rent, Schedule Showings, Provide Applications, Screen Tenants, Setup Leases, Setup and Manage Rent Payment, and other things (keep track of maintenance, keep track of expenses and make reports for accountants etc) Tenants like it because its online and makes it clear what they need to do - This also helps answer Drews question to you. - Showing a property - I have less to say on this one, looking for ideas myself.
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31 August 2024 | 3 replies
If I like them and they meet the criteria I ask them to apply online.
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29 August 2024 | 3 replies
Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.
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30 August 2024 | 11 replies
I thought I had already taken care of the paperwork they are requesting but I have another letter from them.In the mean time I did go online for Wells Fargo and their business accounts allows you to mark up to 3 states and being registered in WY was not an issue.
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27 August 2024 | 1 reply
Should I try local CU or any of the larger banks such as BoA that are offering no-fee helocs online?
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30 August 2024 | 1 reply
Studying successful investors through books, seminars, or online content can provide valuable insights.When evaluating potential borrowers, conduct thorough due diligence.
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2 September 2024 | 22 replies
@Mike Musarra If you plan on doing a BRRRRR your best bet will be refinancing into a DSCR loan.
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1 September 2024 | 7 replies
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2 September 2024 | 13 replies
Usually the tax assessor for the town will have that number somewhere online.
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30 August 2024 | 5 replies
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