
14 June 2023 | 10 replies
There are multiple options available for screening packages; tenant involvement/no tenant involvement, instant reports, hand-compiled reports, and even income verification.You can find further information by going to Tenant Screening under the Tools tab.Best of luck to you!

13 November 2016 | 3 replies
We want to compile a short list and interview each.Thank you !

29 November 2023 | 8 replies
You don't need to necessarily reach out to them now but you can compile a list and research them a bit

12 September 2023 | 7 replies
Identify your target area(s) and criteria then compile a list of properties of interest2.

29 September 2018 | 153 replies
@Justin HerringtonThe inclusion rate used by residential lenders varies as does how they arrive at that rate.A few years ago, I had compiled a spreadsheet capturing how our lenders were approaching rental income, so what I have below is most probably out of date:Lender Income inclusion NotesScotiabank 70% Calculated as Income - 30% expense allotmentTD ~70% Calculated as Income - 5% vacancy, - ((500 insurance + 900 utilities + 500 maint.) * #units) - 3% management feeCIBC ~75 - 80% Income - 5% vacancy - (5% insurance, 5% maint + 5% management) - property tax (unclear if this was included in the determination of net income or deducted afterward) Note: We placed two mortgages with CIBC this year and the inclusion rate was lower (around 65%) ... not sure if this is the new normal or because we are over their magic number of seven mortgages.Property taxes and mortgage payment are deducted from the calculated Net Income to determine the debt coverage ratio from the lender's perspective.It you are insuring the mortgage (say through CMHC) then lenders will use the CMHC guidelines which allow 50% of the gross rental income to be included.

5 October 2019 | 6 replies
@Eric B.Based on some of your criteria, I have compiled a list of cities in Delaware.

8 August 2023 | 6 replies
Now, once we get a property under contract, we obtain interest-rate buy-downs from multiple lenders, as illustrated below.We compile the best interest rate buy-down options on a spreadsheet and present them to the client during a Zoom meeting.

20 December 2021 | 26 replies
I have been compiling a list of property managers in the Lehigh Valley area (Allentown-Bethlehem-Easton).

30 November 2023 | 8 replies
When I say the value is in the congregation of data and this goes hand in hand with the easy comment, my message was about taking the hard work out of compiling lists and doing all that other bs that comes with wholesaling, so you can singularly focus on qualifying leads and signing contracts.

4 December 2023 | 9 replies
Compile the figures, try to speak with the current tenants, and perhaps seek advice from a local real estate specialist.