Sean Bramble
Offshore Virtual Assistant for STR management
28 October 2024 | 6 replies
They do the screening for you, and send you a few candidates with voice samples.
Michael Rost
Jackson, MS long-term buy and hold
31 October 2024 | 25 replies
My sample size and knowledge is limited, so I hope some local Jackson investors jump in with their advice.
Brian Dolbeare
Determining accurate rent projections for deal analysis...
29 October 2024 | 11 replies
The market area for my local MLS is maybe 350k people but until the last few years there were not all that many rental listings and even now I don't think the sample size is large or broad enough to be useful for that.
Ian Dale Ibrado
how to get funded in first small multifamily 5 units and up
25 October 2024 | 13 replies
I wasnt aware of the business plan part but was told it was a requirement if i had no record of business financials (newly formed corp) Do you have a sample copy of a business plan for lenders?
Isla Arshad
Property is Carpeted - Is not Allowing Pets Still Possible?
23 October 2024 | 13 replies
Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.
Daniel M.
Due Diligence Docs Before Walkthrough
18 October 2024 | 8 replies
Before a walkthrough and before signing a contract is it appropriate to ask the seller of a small multi family for:1.Rent Roll2.Property Tax Bills3.Utility Bills (last 12 months) (landlord pays all utilities)4.Income & Expense Statements (summary)5.Lease Agreements (Sample or Overview)6.Recent Maintenance Records (summary)7.Capital Improvements Summary
Joshua Julian
Excited to Join the BiggerPockets Community – New Investor Introduction
18 October 2024 | 12 replies
Learn how to analyze a deal, get in contact with some wholesalers/agents and attend walkthroughs and do a "sample analysis" after showings once you get a better idea of rehab costs.
Jorge Abreu
📄 Performing a Due Diligence
18 October 2024 | 2 replies
Request and review sample reports to ensure the collected data is useful and well-presented.
Sharad Bagri
Ohio Vs North Carolina
21 October 2024 | 18 replies
You can network or link up with investors in both states and ask for sample recent deals.
Nadia Muga
Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.