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27 February 2024 | 4 replies
For example, if you want credit scores above 600 but you accept a 580 once, you can never in the future decline someone with a credit score between 580 and 600.The gray areas…I like a credit score above 600, I like my tenants not to have bankruptcyI like my tenants not to have a lot of debt (such that payments impact the Gross = 3X number)I like my tenants to have a history of paying on time Here is a scenario: Tenant “X” gets past all the instant declines.
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28 February 2024 | 9 replies
Not only haven’t there been any bad, non-performing properties, there just haven’t been any multi family properties in my markets in months.
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28 February 2024 | 19 replies
(If the image doesn't display well, you can also find the chart here)I also made note of various helpful reviews (many from BP):LifeProof +s: "best overall," "easy to install, great value," LifeProof -s: "tabs break during install"TM Allure Ultra +s: "held up great"TM Allure Ultra -s: negative reviews on houzz, subfloor unevenness issuesSmartcore Ultra -s: negative reviews on houzzNuCore +s: "great over imperfect subfloor"NuCore -s: "shouldn't be used in wet rooms"DuraLax -s: weight limit and issues with area rugsMohawk SolidTech -s: lots of bad reviews on floorcriticsCoreTec +s: great product at great priceI ended up going with CoreTec ProPlus since I found it on sale for $2.50, and I'm actually not very happy with it!
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28 February 2024 | 49 replies
Therefore, I can't help but think that my connection in Dallas executed their STR in the wrong manner, but at the same time, they are having others pay for their condos which isn't bad either!
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28 February 2024 | 31 replies
I have seen them so bad they crack in half like a humpty dumpty house.
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28 February 2024 | 3 replies
. $400/mo isn't bad at.
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29 February 2024 | 12 replies
Deposit insurance, credit building and on time rent payment rewards (Through Second Nature)What customer service programs do you have in place?
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29 February 2024 | 22 replies
To achieve this, you need passive income that meets three requirements:Rents outpace inflation: If rents do not outpace inflation, no matter how many properties you own, you cannot achieve financial freedom because inflation is continuously eroding purchasing power.Income persistence: Financial freedom requires that your income lasts throughout your life.Income reliability: The rental income must continue, even in bad economic times.
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28 February 2024 | 3 replies
If you're looking to tap into the equity of your rental without refinancing, consider a home equity line of credit (HELOC) if you have enough equity.