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.
I am extremely proud to announce that Huettner Capital, LLC is now a Mortgage Banker. The transition from a Mortgage Broker to a Mortgage Banker offers many benefits to my clients. In fact, these benefits and ridiculous recent mortgage regulation changes are the reasons I finally decided to make the move. More Competitive Rates and.
Yesterday, 2014 First Quarter US GDP came in at 0.1%. Nurse! NURSE!! No matter how you look at it, that was horrible and shows the “recovery” is so weak it cannot take a few months of cold weather in less than half the country. The FED announcement was also yesterday. They continued the taper and.
By Michael Hoover, General Manager of Mavi Unlimited Property Management and Real Estate. When considering whether or not to approve an applicant, I look at 4 basic factors: 1) Credit Score – While many renters do not have excellent credit scores (why they may be renting in the first place), the score and, more importantly,.