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3 December 2024 | 15 replies
Melissa DSCR loans are business purpose loans therefore there is much less documentation and red tape to deal with vs conventional financing.
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26 November 2024 | 9 replies
Or would this raise red flags for conflict of interest?
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4 December 2024 | 30 replies
I just find that they aren't worth it because of all the edits you have to make on the spreadsheet to get the same result, and one of the softwares refused to allow Journal Entries which seemed like a huge red flag to me.
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4 December 2024 | 17 replies
Add in property manager, repairs/maintenance, CapEx, vacancy etc and you will be deep in the red.
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26 November 2024 | 16 replies
It’s true that you should be more diligent with vetting tenants - cash flow is great, but a destructive tenant can burn through it pretty easily and put you in the red.
26 November 2024 | 7 replies
I can say while an eviction on a tenant’s record is a red flag, it doesn’t always mean they should be automatically disqualified.
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25 November 2024 | 2 replies
If I buy this property and the money comes from someone else's account, will that raise any red flags within the IRS systems?
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27 November 2024 | 3 replies
Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.
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22 November 2024 | 13 replies
So you're absolutely right from a PMS capability that some of the major players include Hospitable, Guesty, Lodgify, Ownerrez, etc.
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27 November 2024 | 8 replies
The fact that you can't get ahold of a landlord is a red flag.