2 May 2024 | 3 replies
heres whati got froma recent e-renter screen. propspective tenant got a notification that they failed and called me asking why as her credit score is apparently above 630Credit CheckYour applicant does not meet your minimum criteria at this time.6Total Trade Accounts$5,xxx.00Current Balance Reported on All Accounts2Total Negative Trade Accounts$1,xxx.00Past Due Reported on All Accounts0Negative Accounts in Collection$0.00Total Monthly Payments0Disregarded School/Medical LoansLatest Delinquent Payment (if reported)Top Risk Factors Affecting GradeSerious delinquency, and public record or collection filedTime since delinquency is too recent or unknownProportion of balances to credit limits on revolving accounts is too highNumber of accounts with delinquency
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3 May 2024 | 35 replies
"unable to provide proof of income documents" ect. the application fee is non refundable . . if you have further questions, email here.Overall, I think you should develop a screening process.
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1 May 2024 | 4 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.
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30 April 2024 | 7 replies
If you have a third party managing / overseeing construction, CapEx improvements, larger repairs, etc. what is the fee (%?)
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1 May 2024 | 8 replies
In New Jersey, the tenants pay the realtor fee so you aren't out of pocket on that.
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2 May 2024 | 1 reply
@William Coet Try googling "flat fee MLS" and you will find many providers of this service.Here are the big things to look for in a flat fee MLS listing:1.
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2 May 2024 | 2 replies
As the world becomes increasingly digital and environmentally conscious, these factors are becoming critical in shaping the future of real estate investments, property management, and construction projects.
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3 May 2024 | 7 replies
Offer to cover 3% of closing costs since you’re saving that in realtors fees.
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3 May 2024 | 7 replies
And while it is not common that you find a $100k industrial building, it is also not impossible, depending on condition you need.But at a high level, there are a few factors at play: everyone needs a place to live.
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2 May 2024 | 17 replies
Also factor in the stress of doing a rehab / finding a deal as well as the stable income (as long as you know you have good tenants right now).