Lindsey Waltz
85% ltv DSCR
23 January 2025 | 5 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).
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
Applications were being lost, or the website wasn't permitting tenants to fill them out.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
We add up the scores and get a total score that reflects the level of risk the applicant presents.
Jason Munns
Canadian Lender Finder?
23 January 2025 | 4 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).
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 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).
Emily Mohr
Best way to inform someone they are not qualified to rent your property?
9 January 2025 | 13 replies
Here’s an example of what I've used if they don't qualify based on what's on application.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.
Emory Clayton
% of Maintenance cost
26 January 2025 | 2 replies
Are you looking at the maintenance/repair costs of the homes once in place, W/S/G costs. septic expense if applicable?
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
If possible, in the future I would try to obtain a copy of a standard Condo questionnaire from the HOA prior to the mortgage application process and ask your lender to review it in advance in order to mitigate some of the time and costs risks associated.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.