
7 February 2025 | 9 replies
Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

7 February 2025 | 7 replies
Well, those will need attention after every moveout.This is where your tenant screening comes in.

7 February 2025 | 2 replies
A quick non-political note on two topics I can’t seem to avoid: mass-deportation and tariffs.I am not concerned about the saber-rattling from the TV talking heads about “mass deportation” and “tariffs.”

6 February 2025 | 7 replies
I mean after screening a tenant, the only documents I usually deal with them about are signing lease addendums or new leases which are either done electronically or in person.

2 February 2025 | 9 replies
Both screen doors upstairs do not function correctly.Plumbing problems-The garbage disposal in the kitchen was not cleaned, is smelly and the rubber is flipped outwards.The bathroom sink in the smaller bedroom does not drain correctly despite us using an entire bottle of drain cleaner on it.Common areas that are not kept clean or have garbage-There was no attempt to clear the patio of years of accumulated debris and filth.

4 March 2025 | 26 replies
Still need to screen S8 prospects though.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

30 January 2025 | 4 replies
Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes.

5 February 2025 | 2 replies
Don't forget to NOT get desperate and lower your screening criteria!

19 February 2025 | 11 replies
I would add that screening tenants and shorter leases (2-4 months) is the solution to mitigate the risk of being stuck with a problem roommate-tenant.

25 February 2025 | 29 replies
You'll want to 'screen' a few (or a lot) until you feel comfortable enough to know which ones you want to work with, trust, and feel have the ability to 'take you to the promised land'.