We have been investing in this class of property since 1977. Through the years, we have created proprietary methods of finding and purchasing this type of property. In general, these properties are single-family residential homes that have been poorly maintained for many years. We purchase them at distressed prices and do a full remodel on them to ensure the tenant/occupant has a good sound home to live in.

We avoid troubled areas by monitoring the poverty levels and unemployment levels related to the zip codes where we purchase properties. And, of course, they must be in the vicinity of a Walmart, or, have acreage in addition to the home.

We have developed significant efficiencies related to managing these properties such as having the tenant deposit their rent to a Wells Fargo, or, Walmart bank account to eliminate lost mail. This alone is significant and reduces much of the drama related to managing rentals. Additionally, we have efficient procedures to locate and hire maintenance individuals at economic pricing.

Our Team

Craig Pettit

President
  • Began C-level property investing in 1977
  • Began hard-money lending in 1991 and incorporated Ready Mortgage Corp in 1995
  • Licensed Texas and Oklahoma RMLO
  • Registered Texas Servicer
  • Bachelors in Math/CS from UTD – 1982
  • Employed by Rockwell International and Texas Instruments from 1985 – 1999
  • Currently servicing over 300 loans in excess of $12MM

Jarrod Pettit

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  • Has been buying/selling properties since 2002
  • Responsible for acquisitions, repairs, rentals and sales
  • Performs duties related to collections, rental management and tenant relations

Shanna Kolp

Underwriting, Compliance and Process Manager
  • Has worked for RMC for 10+ years
  • She works remotely from Wisconsin but has significant duties at RMC
  • Manages the following departments
    • Servicing (collections, delinquency, extensions, etc.)
    • Corporate calendar
    • Procedures manual updates
    • Payroll
    • Construction repair due diligence and approval

Tu Phan

Accounting Manager
  • Has worked for RMC for 7+ years
  • Manages all things “accounting” – except reconciliation
    • Ensures Servicing and Accounting systems balance
    • Monthly investor statements
    • Accounts payable/receivable
    • Payoffs, fundings, draws

Thelma Dalizu

Account Relationship Specialist
  • Has worked for RMC for 10+ years
  • Reconciles bank statements
  • Prepares loan extensions
  • Handles investor paperwork
  • Other miscellaneous duties

Tien Phan

Accounting and Admin
  • Processes payments
  • Handles translation services
  • Accounts payable
  • Collections phone calls

Rob Roberts

Maintenance and Dispatch Analyst
  • Contractor Supervisor
  • Repair budget analysis
  • Creating procedures for maintenance repairs

Ashley Rodriguez

Administrative Assistant
  • Post-closing audits
  • Investor documentation
  • Collection phone calls

Julie Pettit

Attorney
  • Compliance support

Sarah Hale

Real Estate Analyst
  • Responsible for pricing available properties
  • Maintains investor relations
  • Networking and Social Media Manager

Jeanea Larranaga

Administrative Services
  • Insurance management
  • Rental Delinquency Management

Kara Mendez

Administrative Assistant
  • Document preparation and tracking – including default notices, investor documents, lease changes/renewals, etc.
  • Employee task management and follow up
  • Assists with property purchases and repair/rehab disbursements

Mary Bahena

Marketing Specialist
  • Marketing & Leasing
  • Collections & Property Manager
  • Evictions, Writs, and Code Compliance

Pablo Guillen

Information Technology Manager
  • Currently studying for a BS in Computer Science
  • Develops programs and reports for use in property management, collections, and marketing
  • Handles IT requests in office

Jordan Pettit

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  • Responsible for acquisitions, repairs, rentals and sales
  • Performs duties related to collections, rental management and tenant relations