J Scott
NEW INVESTORS: CHALLENGE OF THE WEEK!
3 April 2015 | 179 replies
By the way if you hear I died suddenly and violently and the police have no idea who did it, tell them to check my wife's alibi.
Mauricio Quintana
Class C property, what income/rent ratio do you require?
19 April 2020 | 20 replies
Red flags for us on a background check include: evictions, violent crimes, felonies, credit issues that involve the non-paying of everyday bills (utilities, cell phone, etc.) and very undisciplined use of credit.
Account Closed
Is Granbury, TX a good townt to own investment property?
1 May 2018 | 0 replies
At the same time Granbury violent crime index is lower than Texas and National indexes.
Ken Weiner
Been sued? Please share.
8 October 2018 | 91 replies
@Jeff Greenberg these guys owned most of their stuff in Sacramento and Stockton.. so lots of violent acts by tenants and more than a few drownings..
Jason Krac
How to determine A/B/C/ D property type
12 May 2016 | 14 replies
Realtors often try to trick you saying it is an "A" property because it has "A" finishes ... well, even if that is true, if the "A" property is in a "D" location/neighborhood, then guess what, it is a "D" property, or if it is not with its "A" finishes, it soon will be ...As for grading, agree that there are no hard and fast rules, but a few determining factors in my mind are: quality of the school district, age of construction of most home, percentage of owners vs. renters, median income & education level of citizens, typical property size/finish/amenities, percentage of SFRs to apartments or condos (not always true for dowtown locations), crime rates and types (violent vs. non-violent).Another subjective grading system (along with investment strategies) I've heard is:A is where you would want to liveB is where you could liveC is where you could live if you had toD is where you'd rather live under a bridge than to live thereFinally, below are some notes and RE strategy for each:A: Low to negative immediate cash flow, but higher potential for future appreciation and rent growth.
Robin Grimes
Tenant Applicants say the dumbest things
3 May 2023 | 1572 replies
The pitbull breed was selectively breed to pull forward the most violent dogs.
Matt Moldenhauer
HUD Threatens To Sue Landlords Who Screen Tenants For Felonies
13 April 2016 | 18 replies
But if they fail to adequately screen them and rent to one who robs or hurts a neighbor, they could be sued by the victim for negligence.No doubt many will see no option but to raise rents to indirectly exclude criminals from their rentals, which will just end up hurting everybody who rents housing — including innocent, law-abiding tenants.Obama’s new rule makes it easier for HUD to resettle urban minorities into affordable housing in the suburbs, as part of a controversial regulation it finalized last year — Affirmatively Furthering Fair Housing — which threatens to cut off funding to local municipalities that refuse to lift zoning restrictions on low-income housing.The federal mandate — whose goal is racially balancing the nation, ZIP code by ZIP code — also threatens to import violent crime into the suburbs, while lowering property values and negatively impacting local schools.As kitchen table issues go, these are major developments.
Michael Hassell
Landlord shot and killed, set on fire while collecting rent...
9 June 2016 | 16 replies
I think the what we call a "screening failure".Don't buy in war zones, don't rent to violent criminals.
Carol Venolia
What's your experience with having a co-signer on a lease?
9 June 2016 | 3 replies
And then, Baby-Daddy moves in and the couple have knock down, drag out, screaming, violent fights, with the police showing up and multiple other tenants complainingSo, did the co-signer make sure the rent was paid on time?
Marissa Mallamo
Married tenants..joint application, separate, or just one spouse?
6 May 2016 | 14 replies
We use screening company to verify previous addresses, please list accurate information so we can speak to your previous landlord(s).Criminal History - No felonies, or sex offenses, drug trafficking, violent crime, terrorism, burglary, theft, arson, vandalism.