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21 March 2024 | 6 replies
According to Experian "78% of U.S. consumers' FICO® Scores are higher than 620." 620 is objectively a very bad credit score with a high probability of delinquency.For my rentals, 700 is the minimum and any applicant with lower credit score will need someone else to serve as a personal guarantor.
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21 March 2024 | 0 replies
Interest rates and high purchase prices are pushing a lot of people away from buying.
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21 March 2024 | 11 replies
I suppose if that LO wanted to play by the rules and tell whoever needed to know, they could have ended up calling the loan, but seems highly unlikely that this would happen especially if you are making your payments on time.
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21 March 2024 | 16 replies
In the meantime, I highly recommend "Every Landlord's Legal Guide" by NOLO.
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20 March 2024 | 6 replies
In SFR if prices rise supply drops, high interest rates makes cash flow for new investors go away and supply drops.
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21 March 2024 | 7 replies
Your realtor friend is telling you the truth, for I work in the Gwinnett area for the high paying careers are further North of the city but I am a resident of the Dekalb area.
21 March 2024 | 9 replies
Hey @Tom Pubins - I would highly suggest using www.hemlane.com they syndicate to many different sites and have a very clean platform to manage tenant screening.
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20 March 2024 | 7 replies
Now that I am going into the high season im trying to figure out how high to push my prices without staying vacant.
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21 March 2024 | 9 replies
In my opinion, you need to be able to estimate rehabs at least at a high level on your own.
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22 March 2024 | 22 replies
The reality is, it's not going to last.Only those hosts treating this as a business and offering the best product are going to keep both rates and occupancy high.