David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
If the buyer has proof of completing multiple projects and their real estate agent has a documented business history they are probably not wasting their time playing a game about a POF as failing to perform is just a waste of everyone's time (may have legal fees incurred as well).If it's an unknown newly formed LLC, an offer with minimal cash to escrow, with a shady attorney and realtor, I'd then be taking a hard look at proof of funds.
Jerome Wiley
Fair Housing and Screening tenants question.
1 November 2024 | 11 replies
I had a recent applicant who hadn't been on a lease in a few years and said she just was staying with friends who had leases and helping them pay rent (I did explain that as I could not verify any payments or housing history based on not being on a lease).
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
You only need a place to track tenant information, payment history, maintenance, etc.
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 replies
You only need a place to track tenant information, payment history, maintenance, etc.
David Maldonado
Getting a GC license as an Owner builder
2 November 2024 | 8 replies
It would be simpler to have an existing GC sign off on your remaining work history as verification.
Kevin Rodriguez
The Value of Real Estate during High Inflation
31 October 2024 | 3 replies
From recent history, mortgage rates historically are low even today, compared to the past.
Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
You only need a place to track tenant information, payment history, maintenance, etc.
James K.
Short Term Rental Loans
30 October 2024 | 15 replies
If the latter, no rental history for DSCR.If the former, it would really be hard to find a good deal on an active, successful STR.My 2 cents,Mike
Steve Tse
Tenant Rent Increase
2 November 2024 | 20 replies
Several reasons: market rates, cost of operations, risks of the tenant in particular, rental history, turnover potential, loss of rent during turnover period, "hot" or "cold" market, etc.