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9 September 2024 | 15 replies
The company that I work with does not care about your employement history.
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7 September 2024 | 12 replies
Not to be pessimest, but just because I read a few health books does not make me a doctor, nor does reading a book on history make me a historian.This business is not easy.
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6 September 2024 | 6 replies
If they are willing to pay a deposit a year in advance, you are not charging enough.Where my daughter goes to school it is quite common to sign leases over 1 year in advance.
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3 September 2024 | 20 replies
Commercial lenders need seasoned credit history.
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7 September 2024 | 5 replies
Before you buy, make sure to get the latest rent roll (a breakdown of what tenants are actually paying in rent), the tenant ledger (which shows their payment history—whether they’re paying on time or carrying a balance), and of course, a copy of each lease agreement.Too many investors rely on what the seller says, which often doesn’t match up with what the tenants are doing.
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8 September 2024 | 13 replies
Hey Vamseedhar, I would do research on different growth trends, employment rates, avg. rent and price history, and ect.
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10 September 2024 | 43 replies
Tenant advocates say it is due to greedy landlords without a basic theory of economics that increased risk requires increased return and that these rules lead to higher rent increases (good tenants penalized for bad tenants).As history has shown, the LL normally benefits from increased appreciation and rent growth but that is besides the point.
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6 September 2024 | 5 replies
Very poor credit.Truth is many gurus will say its easy to get HML, but if you have poor credit and a history of not being able to pay bills, why would a lender give someone money who already cannot pay bills and has zero real estate experience and zero money funds to do something they never did before and expect it to be successful?
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9 September 2024 | 18 replies
Alternatively, you could just move slower and establish the history of STR that hits tax returns so that you can count that income on your next property.
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4 September 2024 | 5 replies
I accepted the application only to find out that her ex husband and 14yo daughter (divorced in 2011) lives in the unit on the opposite side of the building from where she is moving in.