27 February 2024 | 9 replies
This establishes in their mind that I'm not one of the typical sharks trying to steal their house (and yes, that is what they think investors are.)
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27 February 2024 | 7 replies
Regarding credit scores, it depends on the Class of the rental.Class A properties we typically want 680+, Class B 620+, Class C 560+.We'll also give applicants a 20 point exception if they have stable 2+ year employment and/or verifiable 2-year rental history.
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27 February 2024 | 15 replies
Don't know this specific "mentor" but I would typically advise to steer away from them.
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26 February 2024 | 13 replies
Speaking in generalizations as it really depends on the deal, but SFHs won't have as much cash flow as a multi typically.
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27 February 2024 | 17 replies
Hi @Chrissy Arnold, I sell real estate full time so I typically send marketing postcards to the same neighborhoods.
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27 February 2024 | 3 replies
All typically are in a pretty tight radius around Columbus.
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26 February 2024 | 1 reply
Example - if a renter were to mail us a check, can I just give them the PO box rather than have them send it to the property address only to be forwarded to the PO box (again, only checking to make sure we stay compliant).
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26 February 2024 | 16 replies
If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.
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27 February 2024 | 11 replies
I typically export the monthly metrics from my PMS, then use a excel work sheet to break down gross, fees, expenses for owners on their end of month reports.
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27 February 2024 | 15 replies
This is more of an HOA question because typically they are responsible for the exterior and now you would be making modifications.Regarding the ring camera, nowadays some might consider this a reasonable request.