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31 December 2024 | 32 replies
I also checked in our executive meeting and your property is being marketed $100 above the range we gave you and has a resident application.
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18 December 2024 | 5 replies
(Do you really want an applicant who can and wants to move in tomorrow?
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21 December 2024 | 10 replies
Most lenders will use the middle of your three credit scores and if there's more than one applicant, the lender will go with the lower of the two credit scores.
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19 December 2024 | 15 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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19 January 2025 | 354 replies
It’s a real hodgepodge of applicable regs.
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20 December 2024 | 18 replies
The only issue is with a bit lower rent there's a higher number of applicants that won't qualify but I don't mind the volume to get it filled.
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16 December 2024 | 18 replies
Because FF is not a booking platform, make sure you follow all applicable fair housing laws when talking to potential residents.5.
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13 December 2024 | 5 replies
I'm wondering, is this not a major problem for landlords if no further applicants are getting approved for vouchers?
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27 December 2024 | 22 replies
I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions
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18 December 2024 | 16 replies
Once you complete their application process, they will determine you don't fall under their top tier borrower qualifications and propose terms that are far less favorable.