All Forum Posts by: Micah Haworth

I think you go ahead and list it and start screening other applicants. As long as you haven't taken a deposit from them you have no obligation to them. Let them know an incomplete application is no application and therefore they have no spot reserved. That might kick them into gear.

Also if this Boyfriend can't be bothered to send in the application correctly (Or is lying about that part) there might be several other things, rent being one of them, he might forget about as well. Keep in mind the screening process for each potential tenant starts at the first contact.

Best wishes!

Greetings BP,

My Wife and I are pretty close from getting into our first Quadplex. It looks like our most recent filp has gone well and should enable us to put about 100k down for the next property. This will be our first rental experience managing tenants and we are considering hiring out. We both currently have very active jobs that will cause us to travel on occasion and work a good amount of weekends. Because of this I leaned more towards hiring out, but we will be living in the property for a while and are at the beginning of our RE Journey so pocketing the extra 10% Cashflow would be very helpful. Would love to hear people's thoughts on how they decided between the two and if management has taken over their life too much or a manageable amount. 

Thanks in advance for the feedback! 

@Cruz Gartner I have to say conversations like this are why I love Biggerpockets. Reading all these comments just show me I am not alone in my FI journey with REI. It's really comforting seeing others who have already made it along the same path and gets me pumped to go into the thick of it and keep trucking along. Glad to be apart of this community!

@Justin Hoggatt Thanks for the tip! I'll reach out to one of my local title companies and get on their mailing lists!

@Minna Reid Copy that thanks for letting me know!

Hey all,

I've seen many different services such as foreclosure.com or hudhomesusa.com that show you foreclosure listings for a monthly fee. I've been looking into foreclosures and wanted to sign up for a service, but i don't have any experience with a particular one. Anyone have any thoughts or experiences regarding different services? Would love to get some input!

@Tony Angelos love it, thanks Tony for the insight!

@Tony Angelos would you recommend painting some wooden stained cabinets that are in solid condition? Or is the value add still there for that?

@Whitney Hutten love the suggestions! Thanks!

Hey all, new investor currently renovating my first SFH home rental. While shopping for renovation supplies and ideas I've come across many smart reno hacks that balance quality, and price well. I'd love to hear for you all about the greatest bang for your buck and straight up smart renovations you all love doing to save some money that still makes your tenants (and appraisers) happy!

Can't wait to hear from you!

@John Retka Thanks for the recommendation! I'll definitely check them out!