All Forum Posts by: Kevin Smith

Great  I really appreciate the input. It has always seemed like the 

fairest way to everyone.

                             thanks,

                                    Kevin

I have a pretty low turnover on my rentals in California. About

every six months I have a vacancy at which time I run an ad in Craigslist

and hold an open house. I usually get back three or four applications

that I run free of charge. I give the people two days to get the apps back to me.

 I choose the tenant based on credit and rental history without any set ratios

as the quality of applications varies from one neighborhood to the next. I call

the best candidate and then call the others to let them know that the home has

been rented. Could screening the applicants as a group cause any legal problems?

                                            thanks,

                                                 Kevin

I have held some single family homes since 2000 and I wanted to start selling them in 2016. I can absorb one sale per year but anything over that I was hoping to 1031 into something that is more hands off. I know very little about what options I might have in that regard, or who would be a good person to deal with in order to find a suitable property/situation for an exchange. 

                                         thanks,

                                          Kevin Smith