
5 May 2025 | 1 reply
I am going to try using a flat fee MLS service for the next flip as realtor commission is very high in my area.

24 May 2025 | 1 reply
., flat-fee, transaction-only) that are better suited for this type of work?

21 May 2025 | 16 replies
You can screen tenants, sign leases, and collect rent all in one place—super simple to use and landlord-friendly.

25 May 2025 | 4 replies
A few things I learned on the process:- plan for 4-6 weeks for the unit to be approved by CHA, after you found a prospective, approved, tenant- if the tenant has children, be prepared for a stricter inspection (in particular regarding paint)- you can screen tenants the same way you would screen regular tenants, except for the income part- cashflow is normally better.

27 May 2025 | 11 replies
Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

3 June 2025 | 22 replies
Usually, the lender should charge a flat rate upfront or something like that.

22 May 2025 | 4 replies
Best I can determine there is no formal "human" review of any of this nonsense.To mitigate exposure, when I post an ad, I include the following:If interested in setting up a viewing, please message me for pre-screening questions sent via email.After they, respond I send them a list of my pre-screening questions via Messenger, and end with:Please send your responses directly to my email, below.

26 May 2025 | 42 replies
Three, you emphatically have to know how to screen.

19 June 2025 | 9 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

9 June 2025 | 6 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.