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3 December 2021 | 3 replies
Use a designer experienced with short term rentals.
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1 January 2022 | 9 replies
We have a Carrot website which is designed to generate traffic to your page and has spots for leads to input their info.
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6 December 2021 | 2 replies
In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.
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2 January 2022 | 6 replies
@Tom ShallcrossSince this mentions “design” could this be for new builds and not cover existing housing?
4 December 2021 | 35 replies
Then you call a licensed roofer who examines and confirms that while the roof is older than xx years old there are no issues, no active leaks, and should be fine for 5 to 10 years more depending on weather/conditions.
8 February 2022 | 8 replies
If you're not deliberately concealing it from the lender (which I would never recommend) then you may want to raise the question early in the process with your mortgage person to confirm that your credits aren't going to blow up your loan/deal.
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27 December 2021 | 13 replies
Or are they allowed to heloc guides mimic Fannie.Freddie which are by design residential in nature.
4 December 2021 | 2 replies
Here's our standard advice post to owners:In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.
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8 December 2021 | 7 replies
Our goal is to rent your vacant property as efficiently as possible, which requires us to balance how long a property is vacant, rent amount and tenant quality.Screening ApplicantsPoor screening often results in lost rents, legal & court costs and costly damages.Screening of applicants includes the following:Full credit/eviction/criminal checks are done, instead of score-driven reportsVerification of rental history includes validation of actual property owner to avoid fraudVerification of stability of income & employment via YTD paystubs & W-2(s) (analyzed to confirm not fakes)Income is calculated 3 ways to spot stability anomalies: pay period, YTD average and YTD + W-2 average.Debt-to-income analysis (more accurate than traditional 3x rent requirement)Bank statement to see if NSF issues, if deposits support income, prove MoveIn Funds, also analyzed for unusual transactions.Pet screeningHolding Fee required from approved applicants to make sure they are serious, before your property is marked pending.
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5 December 2021 | 61 replies
Some really bad people are just better than others about not getting caught and some people with criminal records did their bad during the early years of their life, grew up and changed for the better.We have very few problems with tenants because our lease agreement is about 21 or 24 pages and we go through everything that is important to us before signing the lease and then read every word on the lease to the tenant, slowly, and seek confirmation and agreement from the applicant during the signing.