Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
@Jeffery Jones As someone who owns 6 single-family homes under the Section 8 program and runs a property management company that manages over 100 Section 8 properties, I’ve learned a lot about the ins and outs of the program—not just the idealized version often shared on social media.If done correctly, Section 8 can be a great way to diversify a portfolio.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
Are you accepting Section 8 or refusing Section 8?..............
Rachel Hadass
Looking to connect with other mamas balancing jobs, kids and real estate!
5 January 2025 | 31 replies
Quote from @Eve Favorse: Thanks @Katherine Chinelli, I’m happy to report that my offer was accepted!
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 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.
James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
So, what if the tenant never accept the mail?
Wade Wisner
Help with Note/DOT investing
28 January 2025 | 14 replies
You have to learn what you are willing to accept as not perfect, but good enough.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
A lot of the social media "guru" stuff has gotten me to be an extremely quick skeptic here lately.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.
Ryan Dubendorfer
tenant request for lease addendum
3 January 2025 | 4 replies
How much is an acceptable fee for doing this?