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19 December 2024 | 8 replies
You even have the ability to send your tenant's leases via e-signature and their monthly rent receipts electronically.In addition, you can house all of your management contact information within the program -- such as lawyers, contractors and handyman.
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21 December 2024 | 10 replies
The DSCR program "Must use the lesser of the two either common rent from the appraiser 1007 rent schedule form on the appraisal or the lease".You also have to factor in the taxes and insurance because a guesstimate or ball park can kill the approval.
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18 December 2024 | 6 replies
Quote from @Mike Klarman: So, the Ground Up Programs are the hardest to get into.
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21 December 2024 | 14 replies
If your goal is less required documentation, DSCR is likely your best bet as most everyone as mentioned, possibly a bank statement program depending on your job structure.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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18 December 2024 | 3 replies
Quote from @Neil Clooney: Hi,Does anyone have any advice on real estate mentorship programs.
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22 December 2024 | 0 replies
Whether an individual consultant or a mentor through a program, mentors provide the foresight and support you eventually need because of their experience.
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22 December 2024 | 1 reply
I launched a coaching program aimed at real estate agents who want to transition from traditional transactions to building their own portfolios.
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19 December 2024 | 15 replies
This is for one lender's program.
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16 December 2024 | 15 replies
The real estate market is constantly shifting, and most coaching programs are outdated.