Pay attention to your inquiry-to-showing ratio.If you’re getting views but no inquiries → price is too high.If you’re getting inquiries but no showings → description or screening barriers might be the issue.If you’re getting showings but no applications → something inside the property is turning people off.Each one points you to a different fix.4.

@Helena Goyvaerts rate for a 30-year fix would be at least 8.5% with some points (1% of loan amount).Most DSR lenders have a minimum credit score requirement from the applicant.

@Rion Redinger Hi Rion, I don't show a unit until I have a completed application including a pay stub documenting employment and income, a copy of the applicant Driver's License and I will have run public record court searches for all munis and counties listed on the application.

I want to share my experience as a first-time OOS investor targeting Indianapolis, because I think it might save some of you from making expensive mistakes.Quick background: I'm a software engineer based in NYC.

We have a file called 'Prospective Applicant', 'Denied Applicant', the same goes for current and past tenants. 

Property management software (Buildium, Stessa, etc.)?

I do not have any experience with this company but in most instances, owners run into lots of limitations with the software/program and wind up hiring a PMC.

You need to work backwards (EOS is a great way to do this) where you start with your lagging goal of where you want to be, but then you need to understand what it is that gets you there and break it down by quarterly milestones then tasks to get to that milestone (for example if its making 2500 calls a quarter and you do not have phone system or software, that would be a task to keep you moving).

I submitted my application a few weeks ago and am just waiting on approval and studying in the meantime, until I can take my exams and get fingerprints done.

With due on sale mortgage covenants beginning in 1979, stricter enforcement of “creative” mortgage applications; shakeout in the title industry closing “investor friendly” title companies; and strict consumer fraud legislation 95% if “Nothing Down” is no longer applicable.