Rachel Jones
Screening Tenants- Verification Recommendations for previous landlord and employment
1 July 2024 | 6 replies
So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
I am already doing the marketing (placed bandit signs, launching FB ad next week, selected databases to purchase the list of properties that fall under high equity, vacant and other criteria, to be skip traced and cold called and etc.).
Kris Villasenor
Math not mathing on wholesaler lists
1 July 2024 | 27 replies
When get one, put there info in some database.
D T.
Forcing a tenant to vacate in California.
28 June 2024 | 8 replies
This guy will become president one day; one of the few people that would do more harm that the current administration.
Rachelle Bisaillon
Newbie to Screening Long Term tenants shady screening
28 June 2024 | 5 replies
So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.
Sumit Kaul
loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
And "better or worse" might be a little relative...so it's best to find out the information about going either way from your program administrators so you can compare the two options.Hope that makes sense.
Dana Kennedy
Housing Choice Voucher (section 8 housing)
25 June 2024 | 2 replies
This can mean additional costs for repairs and maintenance to meet these standards.Administrative Burden -> There can be significant paperwork and administrative work involved in maintaining compliance with Section 8 requirements.Please reach out to me directly if you want to go deeper into the subject, especially on the financing/loan side of things!
David Rutledge
airbnb friendly metro areas
26 June 2024 | 38 replies
An Administrative Interpretation is recommended for a building where a short-term rental will be located.
Seo Hui Han
Property Management in Large Multifamily (40-100 units)
25 June 2024 | 7 replies
Most of the administrative tasks such as posting rents, verifying applications, paying contractors, payroll. human resources, paying taxes, paying owners etc…. are dealt with at a higher level with the corporate office PMC
Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
24 June 2024 | 8 replies
Who is your Third Party Administrator.