Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
On the flip side given how sub to has been mass marketed through the guru / trainer folks you are going to have a lot of the buyers who are NOT properly capitalized who dont understand how to do these correctly or are just plain crooks and when things dont work out they walk or even worse realize they can just rip rents and not pay on the mortgage this was very common back in the mid 2000s I got a few interviews with the FBI chasing down folks that did this 20 30 50 times they were criminal enterprises and they ended up in prison..
Jay Levy
Applicant Screening Process
14 August 2024 | 9 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
Cody Z.
What happened to David and Rob on the BP Podcast?
19 August 2024 | 52 replies
Sub2 is for criminals and deviants.
Mateo Monsalve
Where to invest outside the US?
16 August 2024 | 10 replies
I'm not saying to invest in El Salvador (I haven't researched it enough) but I think property rights need to be protected in two ways; from arbitrary government abuse, but also from rampant criminality.
Yulia Orlov
Mid-term rental to a company
11 August 2024 | 4 replies
Although you can't look up criminal history, you can get landlord references from other landlords with whom they have worked.
Farnaz Z.
How to hold a property management company accountable for negligence?
13 August 2024 | 14 replies
Unless you ran a full credit, criminal, and eviction check using the tenants SSN and drivers license (which you must have their permission to do) you can't be sure that the records you are viewing are in fact one and the same person who was your tenant.
Vivek Kumar
Mixed feeling on the application. Help me decide
9 August 2024 | 5 replies
The only part that is a red circle is the male's background check shows criminal records in 2019.
Raj Balakrishnan
tenant verification is UNRELIABLE. Scary stuff for a mom & pop investor !!!!!
8 August 2024 | 27 replies
Housing and criminal histories are not really their strong suits.
Matthew Irish-Jones
The Best of the Best Real Estate "Cliches"
10 August 2024 | 23 replies
I decided at the beginning I only wanted to rent to people who were gainfully employed (or students that had gainfully employed parents), had no criminal record, decent credit scores, no charge offs or bankruptcies, steady & stable job history, and the like.