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3 June 2021 | 11 replies
If he is doing criminal activity at the property ....I.E. doing meth then he can be evicted.
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15 May 2021 | 34 replies
That means she has to pass your rental requirements, criminal background check, 3x salary, > than 600 FICO etc.....
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9 January 2023 | 11 replies
Wholesaling in many states - including mine - is considered the unlicensed practice of real estate and it comes with a whole lot of bad: "Unlicensed practice of real estate is a third-degree felony punishable in criminal court, for each violation, by up to five years in prison and $5,000 in fines."
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15 February 2022 | 1 reply
No offence, the BiggerPockets hosts are amazing and simplify things and are so motivating, but NONE of it applies to Canada (well thats my impression anyway) - foreclosures, buying under market value properties, underwater mortgages, even to some extent wholesaling, etc, aren't really things in Canada. ( I mean sure, there are properties out there that are in distress dont get me wrong, but I feel like even those properties are going to 500,000 lately!
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18 November 2022 | 7 replies
This would include checking them out online and paying for criminal and background checks.
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2 December 2022 | 26 replies
If HUD becomes aware (which they may after a tenant becomes disgruntled) they will bar you from the program and may even pursue criminal charges.
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3 January 2023 | 6 replies
You can also get on someplace like Crowd Street were you might see 2-3 a week that interest you.See if they have meetups in your area and go to those.See if they attend any of the regional or nationwide conferences and attend those.DO your due diligence on the principals....check criminal records, see how many full cycle deals they've done, talk to the people on their team like lenders and lawyers.
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10 October 2019 | 6 replies
Sounds like they'll drive themselves out of business, but good to know who the criminals are...
13 October 2019 | 3 replies
BrianNothing prevents tenant from running the water, kicking holes in walls and door, or other vandalism.However, these things seldom happen as retribution.More likely, a tenant fills up an inflatable pool every other day in the summer, or fails to report that the kitchen drain is leaking, or that the boyfriend beats her up every weekend and busting up the place, or that tenant lets a dog do his business on the carpet, or overflows the tub because they fell asleep.While a good tenant will agree to a fair water policy; the court will typically throw out the policy in an eviction.Keep in mind that you can get a leak notification from water department via “clear-reads” through the mycleveland water website.Usually bad tenants are multi-dimensional... they tend to follow a pattern... low credit score, extension criminal background hits such as driving with suspended license, expired plates, drugs, panning the rent late, refusing to pay the water, violating trash pickup guidelines, police calls by the neighbors, no-show for service calls, removing smoke retractor batteries for the kids toys, not replacing burned out lightbulbs, not taking care of the yard (in a single family”, busting blinds and screens, etc.
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20 November 2017 | 2 replies
◦Ensure in-depth credit, criminal, employment and prior residency checks are performed.