All Forum Posts by: Nathan Wankel

@Nicole Obregon

I think if they've been evicted in the past 5 years then no. If they've had a clean record and ok credit then maybe.  

I would wait for other potential tenants. The last thing you want is to rush into a bad situation that's hard to get rid of. 

@Codi Clausen I live in Denver and the properties are expensive here as well. I partnered on a rental property out of state. We went and visited the properties, and it was beneficial seeing all the neighborhoods. 

@Tiffany Smith I would go over and help them get it out. Only because some people do strange things in those situations and you don't want any destruction. 

@Leon Hartsock I currently live in Colorado, and I partnered on my first deal in Kansas City. I like investing out of state because I get more of a value. One thing I do suggest is finding a property manager that has systems in place.

@Nicholas Mullens 

It's almost always a good time to invest.

@Jordan Pothier 

1. Always trust your gut!

2. Due diligence Due diligence Due diligence 

3. Qualify your tenants thoroughly 

Good luck 

@Benjamin Ford

I don't think risking it would be worth it. Converting the basement would probably cast a lot of money and if the laws were enforced all that money spent would go to waste.

@Joshua Hively you can do what you want as the owner. If you don't want your tenants to have pets, then put the rule in place. However, the no pet policy won't work if the tenants' pet is a service animal.

@Jess White I prefer Cash app or any other direct deposit type app. However, it depends what kind of tenants you have. Some tenants won't have access to direct deposit so they would have to either give cash or check.

@Grant Dennis 

I would go ahead and get a realtor that way you don't have to worry about the selling agent spending more time making sure the sellers have a better experience than you do. Not all selling agents are like that though so it comes down to whether or not you feel comfortable taking the risk.