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24 February 2025 | 5 replies
@Alec Jacobs you have a good process as far as making them fill out a application before touring the property.
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12 February 2025 | 4 replies
The information contained in this post is not to be relied upon.
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18 February 2025 | 17 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.
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18 February 2025 | 7 replies
Its a really stupid rule especially if you self manage and live close to city limits.
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24 February 2025 | 14 replies
I hope this will help.Should You Self-Manage or Hire a Property Manager?
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25 February 2025 | 4 replies
The information contained in this post is not to be relied upon.
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27 January 2025 | 14 replies
It does many things to help you with Tenant placement like marketing, application collection and screening.
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5 February 2025 | 6 replies
In just the past week, I've had to deny six applications from agent-led showings because the agents didn’t conduct proper due diligence upfront.
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21 February 2025 | 4 replies
The information contained in this post is not to be relied upon.
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25 February 2025 | 5 replies
I have had professional PM for 10+ years and I have never seen a tenant application from them.