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19 November 2024 | 111 replies
@Rion Redinger Hi Rion, I don't show a unit until I have a completed application including a pay stub documenting employment and income, a copy of the applicant Driver's License and I will have run public record court searches for all munis and counties listed on the application.
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14 November 2024 | 10 replies
It is usually dependent on the PM software used.
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18 November 2024 | 16 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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14 November 2024 | 8 replies
@Shawn Tuma definitely depends on the number of units to a certain degree but PM software is great for a number of reasons, some of which you stated and others you didn't.1.
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17 November 2024 | 8 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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13 November 2024 | 11 replies
It's taken a while to setup, but that would be the same for any software change.
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18 November 2024 | 11 replies
The logic here is that it’s far more difficult (and costlier) to evict a nonperforming tenant than it is to screen for a good one.Like @Greg Scott said, see if lowering your asking rent increases the number of applications you receive.
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13 November 2024 | 14 replies
You can do this on your own but having help with PadSplit's software will take your game to the next level.
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17 November 2024 | 9 replies
Sales agents typically don't have a lot of experience screening applications.
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17 November 2024 | 7 replies
However, this is not applicable to standard M1-2 zones.Zoning Map Amendments: If the property is not in an MX district, pursuing a zoning map amendment to rezone the area to a district that permits residential use is an option.