Donny Widjaja
Screening criteria
2 June 2014 | 6 replies
Some income may not qualify, seasonal jobs that are not regularly performed, part time jobs that are not performed on a regular basis, employment income received from a job or line of work less than two years, child support payments that are not paid through any court system with a history of on time payments.I would insist on saying that "Compensating factors effecting credit, income, employment and criminal histories will be considered to the benefit of the applicant".
Matthew Tyson
Buy and Hold - Future BRRRR.
4 October 2022 | 2 replies
Never trust that just because a property has passed city inspections on a remodel, that the work was performed well.
Joshua Carter
Inspection on Property w/ All Utilities Shut Off
6 January 2023 | 4 replies
@Joshua Carter a SIGNIFICANT portion of my due diligence and inspection process requires the utilities to be on.For instance, I run all plumbing extensively to check for leaks, I ensure that appliances are functioning correctly, I check all lights and electrical outlets for functionality & ground, we check the fuse boxes for functionality & condition, we assess the performance of furnace & AC systems, and water heaters, we check the functionality & safety of the gas lines, scope the sewer main and assess water flow, test for radon & meth contamination, and basically give the entire property a thorough "test drive" --which isn't possible if the utilities are off.
Christine Hull
Use an agent to sell lots?
5 January 2023 | 7 replies
Don't go too low, as it may affect their performance.
Rudy Nieves
How to 1031 tax exchange?
5 January 2023 | 6 replies
They can only perform the 1031 portion of your transaction.
Lara Nicole
Overpriced Multi-Family listings in Washington & Oregon State
2 April 2021 | 7 replies
It is simply a function of what your personal risk vs return profile.The challenge is to find properties that you have a strong plan for improving the current performance.
Katlynn Teague
What is your biggest draw back from working with wholesalers?
4 January 2023 | 11 replies
Katlynn, I think that the biggest lets call it risk working with a wholesaler is the wholesaler to not perform, meaning there is no buyer.
Mathew Davis
Which property management company does everyone use/recommend?
7 October 2022 | 6 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
Amber Imam
Recommendation for reliable and cost efficient plumbing companies
6 January 2023 | 13 replies
I started my real estate journey right before COVID happened and so my properties weren't performing very well for the first couple of years and I didn't want to evict anyone at that time.