7 February 2022 | 2 replies
We are in a great cash position to be able to put a good down payment, but conversations I've had about getting a mortgage have turned negative real quick just because I don't have a "regular" job.
3 February 2022 | 2 replies
Keep saving money until you land a regular full-time job again, get the job to confirm your salary, and then start looking once cleared by a lender.
9 February 2022 | 9 replies
Crime was way more than it was shown in city database as most of the things were never reported.Actual rent collection was only $4200 by 18 tenantsPark had very bad repo in area (Which was known to us)What we did after buying:Worked on road (new milling road), removed extra trees, cleaned 40-50 dumpster of trash.Worked with city development agencies to remove bad tenants via evictions or stationed police officers on weekend to deteriorate drug traffic, incentivized good tenants to provide us video /call cops with videos so that cops visits are frequent.Removed bad homes and brought in 7-8 newer homes from other parks.Repaired around 19 houses in last 18 months and brought up average rent $680 per home.
4 February 2022 | 10 replies
You can also check your own FICO at myFico.com and start to clean up any errors.
4 February 2022 | 6 replies
I'd consider partnering up with someone and offering management, lead generation, cleaning, turning, renos, etc for either free or a low rate to understand the game and build up that network.
9 February 2022 | 7 replies
Tell them the property will be in better shape than with long-term tenants because it's getting cleaned 1-2x per week.
7 February 2022 | 10 replies
Your rental property is no different than a regular business.
11 February 2022 | 3 replies
Even if you were to fully automate, still need someone to reset the units and clean them up.
11 May 2021 | 2 replies
We keep a very clean job site throughout the build, or at least as clean as these things can be.
11 May 2021 | 3 replies
Minimum credit score 700 No evictions/ clean backgroundincome at least 2.5 times the rent.