All Forum Posts by: Peter K.

@Jason D.

Where do I write this "written requirement"? I have my own qualifications that I abide by (600+ credit score, x3 monthly net payment income, no evictions, etc), I feel like if they don't qualify for this but they are a student (pretty much an exception), it would be unfair for other tenants they got denied but did not have this exception only because they were not a student.

I make sure they complete a pre-qualification questionnaire before proceeding further into submitting a full application (w/ credit/background check) so I'm trying to figure out if making an exception for a student is unfair.

@Anthony Hurlburt

What do you mean by Protected class? Like disability?

So I want to be sure I am not in violation of the Fair Housing Law so wanted to pose a question:

I am in the middle of conducting my pre-screening application for potential tenants, I denied someone who did not meet the requirements (this individual - lets name him GARY- his credit score was not 600+ and this individual was not a student). I have another person-lets name him JOHN- that does not meet the x3 income and does not have 600+ credit score BUT he is a student. If he agrees to a co-signed/extra security deposit and I sign him on the lease will I be violating the Fair housing law? Hypothetically, GARY could have had a co-signer/extra security deposit even though he did not meet the requirement(s) but I denied him due to his score. Any thoughts?

@Karen Margrave I tried that, the pdf file my realtor sent me says there is restrictions that prevent editing...

So every single sites such as EZLandlordForms.com, USLegalForms.com, or RocketLawyer.com, they don't offer FILLABLE BLANK copies of the lease for North Carolina. I am trying to make a lease so it is FILLABLE and editable so that I can ADD or delete things and use the lease forever. I received one from my realtor but it is in PDF so I cannot edit! I also don't wanna pay for a lease that I cannot edit using these legal sites. Anyone have any better recommendation where I can find a electronic lease?? or do I have to re-create one from scratch?!

Appraisal came in today, and I'm closing in 4 days! I know, they came in VERY LATE. So I'll have to delay my closing. AND on top of that, the VA Appraisal requires the sellers to fix a bunch of minor things- my question is, is the seller obligated to fix all of those issues? If he doesn't want to, can he break the contract and refuse to sell? What would be his repuccussions if he does? Just a thought because he's putting a lot of capital into a property he is selling and I doubt he's happy about it. Just wondering.

Market in Raleigh is VERY HOT right now. Hard to find properties that work with numbers. A lot of investors flooded in this market, hard to find decent deals. When (not if) the market corrects itself pretty soon is your best opportunity in this area, in the mean time, do your analysis and keep looking! Good luck!

Really good book. Reminds you to live frugal!

Brandon Hall i will definitely get in touch with you soon!

Anyone have any good CPAs in North Carolina? Specifically Raleigh, Fayetteville and East (Greenville) area?