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15 January 2025 | 11 replies
However, much of our document and data collection was handled by loan analyst Taylor Vassey.
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19 January 2025 | 27 replies
Continue normal duties of rent collection.
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2 January 2025 | 30 replies
The screening process plays a big role in the odds of collection.
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7 January 2025 | 5 replies
Also, focus on 2 years of job/income stability.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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12 January 2025 | 23 replies
You can collect close to 100% of your rents when doing that. https://www.biggerpockets.com/blog/student-housing-rentalshttps://www.biggerpockets.com/blog/student-housing-remains-a...
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19 January 2025 | 56 replies
Surely they're collecting most rents, even during COVID.
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17 January 2025 | 22 replies
Also, focus on 2 years of job/income stability.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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15 January 2025 | 24 replies
Also, focus on 2 years of job/income stability.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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19 February 2025 | 88 replies
Let’s say half of life you allocate double, you will still collect enough but you will have months with deceiving cash flow estimates.
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15 January 2025 | 12 replies
However, much of our document and data collection was handled by loan analyst Taylor Vassey.