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22 December 2024 | 3 replies
Would love to talk REI mainly commercial an industrial.
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2 February 2025 | 178 replies
Construction industry licensing board in Florida you can file a complaint onlinehttps://www.myfloridalicense.com/intentions2.asp?
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19 December 2024 | 37 replies
My customer service sector manages a lot of my internal affairs and we've undergone many changes during this ongoing pandemic that have disrupted business.
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6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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26 December 2024 | 21 replies
These lenders essentially take the profits that rightfully belong to their clients—a practice that is not only unethical but destructive to the industry as a whole.The reality is there are plenty of good deals in the market.
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6 January 2025 | 38 replies
Originally posted by @Kathy Fettke:Account Closed and like I mentioned earlier, we found out about their shenanigans very quickly, so only a handful of people contacted them, and we immediately removed them from our referral list.this has happened to all of us in the industry myself included..
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8 January 2025 | 33 replies
Also where there are changes in regulations that may require lenders to change servicing agreements which affect who services your loan.I know that's a pain but as things change -- unfortunately, investors will be impacted by changes in the lending industry - and that includes LOAN SERVICING CHANGES.It’s a total cluster between the banks, their loan servicers and their loan servicer’s sub-servicers.
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9 January 2025 | 59 replies
This is why i love BP where else can you go and find so much wisdom and insight among professionals in our industry that are willing to share their experiences.
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24 December 2024 | 1 reply
I’m particularly interested in strategies for scaling in the multi-family space, creative financing options, and building strong partnerships.If you’ve worked on similar deals or have insights into the best ways to grow in this industry, I’d love to hear from you.
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26 December 2024 | 3 replies
Both residential and commercial real estate stand to benefit, as workers will need homes, and businesses will cater to their needs.Historically, large industrial projects have led to housing booms.