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12 January 2025 | 11 replies
Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.
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23 February 2025 | 25 replies
Still need to screen S8 prospects though.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.
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29 January 2025 | 28 replies
Both are excellent platforms which save people immense amount of work and tme by compiling all the critical data you need in 1 place but there leads are way behind the county recorders/courts/notices i.e the source of most motivated seller leads.
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5 February 2025 | 29 replies
.- That management company has vetted possible tenants through their professional screening process and have selected the most qualified tenant for the property.- The management company offers a hands-off approach including coordinating and managing repairs, getting the property rent ready after a move out and placing a tenant from a pool of applicants that may be waiting for a property to be ready.
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7 January 2025 | 6 replies
@Sebastian NadalI've used Zillow Rental Manager to screen my tenants and have found it effective.
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29 January 2025 | 6 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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19 February 2025 | 32 replies
When interviewing PMs, ask about their average lease up time, tenant screening process, and vacancy rates.
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30 January 2025 | 8 replies
Which essentially puts some standards in place and a good guideline for handling all things in the company. ie. company mission, telephone standards, tenant screening process, etc.
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29 January 2025 | 12 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
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27 January 2025 | 1 reply
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.