By Michael Hoover, General Manager of Mavi Unlimited Property Management and Real Estate. Once you’ve located a potential renter, it’s time to thoroughly investigate them to determine the likelihood of timely rent payments or only monthly headaches prior to signing a lease. Here are 5 tips to help you screen each of your applicants. 1).
Borrowers regularly make costly mistakes when closing their loans. A higher rate or an extra point on your loan can cost thousands. An error on a prepayment penalty, balloon payment, or adjustable rate can cost you tens of thousands more. It is ultimately your responsibility to protect yourself from any mistakes. Real estate is very.
GDP QUESTIONS GDP is the big question after continued mixed signals from the economy. The April jobs data was very strong, but was not overwhelming and was followed by several weak economic reports. The ADP jobs data comes out this week and the official May jobs report is due Friday. The ECB meets Thursday and.
By Michael Hoover, General Manager of Mavi Unlimited Property Management and Real Estate. Now that you found the perfect rental property, you need to find a tenant. Nothing kills your profit margin/capitalization rate faster than an unoccupied property. Finding a quality tenant immediately should be your first priority. What is your plan? Will you stand.