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Results (10,000+)
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!
Robert Medina Attempting to brrrr but having issues
15 January 2025 | 8 replies
It’s about balancing your goals: paying yourself back versus scaling quickly.
Tyler Speelman Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
@Matthew BeckerMortgage balance:1.
Scott Trench Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.
Kash Tacke Turn a detached garage into an ADU?
8 January 2025 | 6 replies
These modifications are carefully crafted to incorporate ADUs seamlessly, aiming for a delicate balance between increased urban density and sustained neighborhood character.
Nicholas Stout Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
The S8 portion will very likely arrive like clockwork on the 1st of the month.One strong motivation for the tenant to pay is they lose their voucher if they are evicted or leave owing you a balance.
Leslie Beia $500k to Invest, What Would You Do?
16 February 2025 | 29 replies
I think it will be good to look for a balanced approach.
Bailey Rentz Done with Stessa. Where should I go?
13 January 2025 | 10 replies
This means there are no checks and balances to ensure all transactions are entered correctly.
Spencer Ware Retired NFL Player 2x SB Champ
27 January 2025 | 48 replies
If you want to solely use your own funds you could do that, or are you wanting to maximize your balance between using your own capital and the money from capital sources?
Kristi Kandel Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
Putting people in a position where they would need to sell or come up with an alternative strategy to pay off the mortgage balance prior to rebuilding.