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19 December 2024 | 2 replies
Hello & Happy Holidays to all! I'm a new member of not only this community here, but also the "FU Money" community lol. But Im heavily lacking true mentorship to take me to my intended goal of reaching the financi...
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19 December 2024 | 22 replies
Here's a detailed guide on how to screen applicants: Application Screening Guide
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25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.
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24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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29 December 2024 | 13 replies
You could also talk to professionals like attorneys or CPAs who might know people interested in lending.
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26 December 2024 | 0 replies
Research contractors better Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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28 December 2024 | 16 replies
Show up to court on time, have all of your paperwork ready, be polite and professional, stick to the facts.
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25 December 2024 | 12 replies
Be extremely cautious when processing your next applicant, this one seemed doomed from the start.
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26 December 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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26 December 2024 | 7 replies
@David Sam Cost segregation can benefit a property under $400K by accelerating depreciation to offset taxable income, especially if you qualify as a real estate professional or use the short-term rental loophole.