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30 January 2025 | 19 replies
As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan.
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20 January 2025 | 23 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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23 January 2025 | 7 replies
There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.
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13 January 2025 | 15 replies
I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.
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18 January 2025 | 8 replies
I want to devise a plan to get you back on your feet.”I feel I need to be a little more firm so I told them I need November's rent by tonight, and asked for 10 proofs of job applications.
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27 January 2025 | 14 replies
It does many things to help you with Tenant placement like marketing, application collection and screening.
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2 February 2025 | 22 replies
Not wanting to sound like an attorney, but companies like the teaser because they are on firm legal ground: so long as company clearly tell consumer prior to purchase when they must cancel by [knowing statistically enough will not comply in time to make the teaser marketing profitable] be it rebates on computer software that many folks will fail to mail in, or real estate CD w/â€mentoring†or whatever that some unfortunate folks will not timely cancel, or Chrysler minivans forget to return….Legrand was very ethical each time I or my partners have tried his teasers [no Mr.
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12 January 2025 | 28 replies
I created KBKG's Residential Cost Segregator software.
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13 January 2025 | 9 replies
I have a LLC set up, and property management software ready to use.
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15 January 2025 | 12 replies
For payments, tools like Stripe, PayPal, or booking software like OwnerRez work well.Happy to connect if you’d like to chat more or need additional tips!