Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Bob Asad
Has Anyone Done Tax Deed Auctions in FL?
11 January 2025 | 6 replies
So are you spending $100s of dollars per property prior to the tax deed auction for title research?
Craig M
wrap mortgage - how would you structure this?
19 January 2025 | 10 replies
I am assuming you know about this, but you may want to consider doing something like a Wally Wrap so that you have an asset to show your next lender prior to your note seasoning.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
For example, I work closely with a PM down here in Charlotte so I know what they're going to be recommending for updates/work to be done prior to getting a tenant in place.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Each year, I like to take time to reflect on the prior year and where I’m headed in the current year.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
(Usually you cannot use prior employer history until you have been at your new job for 6 to 12 months, depending on the underwriter to show that you are maintaining the same level of bonus/overtime/commission income that you had at your prior employer).
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
All of our PM staff gets a small bonus for every lease that is fully renewed 30 days prior to the deadline.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
The problem, other than this going against my philosophy of keeping everything passive, is I don’t think I’ll be able to get into the property to walk the inside prior to purchase and have no clue what I’m getting into.
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
It's important to make sure your property is registered prior to your Court date.