Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
However, much of our document and data collection was handled by loan analyst Taylor Vassey.
Ana Carini
Payment Processing Options for Cohosts
18 December 2024 | 9 replies
You must use a PMS and for the software to work you'll need to own the listings, which means you'll need to also collect all the funds, so owners' rents don't get deposited in the wrong account (Yes, Airbnb makes that mistake all the time!!).
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
They have to collect the data, confirm the data, then publish the data for the public.
NA Hirsch
Soft Pull Credit Report
13 December 2024 | 3 replies
They provide real-time access to credit reports from major bureaus—Experian, TransUnion, and Equifax—without affecting the consumer's credit score.Setup Process:Application Submission: Complete a formal application through Soft Pull Solutions.Documentation: Provide necessary documents, such as proof of business operations and compliance with legal requirements.Website Review: Undergo a review of your business website to verify services and permissible purposes for pulling credit reports.Onsite Inspection: An inspection of your business premises may be conducted to ensure secure handling of credit information.This process ensures compliance with legal standards and typically takes a few days to complete.
Gregory Schwartz
Project Management Software
17 December 2024 | 11 replies
I need a central collection for all my "to-do's", a tracker for progress on projects (from rehabs to acquisitions to honey-do projects).
Portia Dampier
Seeking Advice on Coaching/Mentor Programs for Real Estate Investing
3 January 2025 | 10 replies
That's how I started, with a company called Flip More Deals (currently called the Growth Collective) they were very hands on and helped me through the entire process and connected me with a lender and gap funder, very hands on you should check them out.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
25 December 2024 | 12 replies
I require proof of income, and verify it by contacting the human resources department of their employer in writing.
Mike Johnson
What to expect in Property Management
16 December 2024 | 9 replies
Find a renter, qualify them, move them in, collect rent, oversee repairs, re-sign leases, move them out, turn the unit, rinse and repeat.