17 January 2025 | 5 replies
I understand that it's unrealistic to expect anyone to treat your property with the same level of care you would, but the company we hired has been a NIGHTMARE.
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24 January 2025 | 11 replies
Are you using a PM company?
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10 February 2025 | 16 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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17 January 2025 | 37 replies
How do I research the company?
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17 January 2025 | 28 replies
They make ordering items from different companies easy, and you get discounts from each store that has partnered with them.
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23 January 2025 | 3 replies
I would look for a professional company like Rentwerx.Here's an eviction resource: https://guides.sll.texas.gov/landlord-tenant-law/about-evict...
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28 January 2025 | 6 replies
That could be your PM company if you plan to hire one.
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20 January 2025 | 4 replies
Alternatively, you could consider seller financing, which could provide you with a steady income stream while selling the property.As a real estate investor, realtor, and owner of a construction company near Texas A&M (College Station/Bryan,) I'm happy to help in any way I can.
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25 January 2025 | 18 replies
Call up a few PM companies and see if they will tell you who they use.
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21 January 2025 | 2 replies
I have been using comps from the MLS but as the company grows, I dont have that advantage in other states.