Verifying rental history often takes a long time tocomplete due to applicants not giving us correct landlord contact information, landlords not returning our callsor refusing to give us any details.We also deal with applicants trying to have family or friends pose as theirlandlords.

Some lenders do not even verify if the operating agreement is stamped and approved.

By the time their information gets to you from PadSplit, they've already had their background checked, income and employment verified, and their eviction history has been checked.

The easiest way to check abandonment is to verify if the property is vacant and if the taxes are current or delinquent.

I would always factor in PM even if you plan to manage yourself.You can still ask for a copy of the m2m lease to verify rental amount and what might be covered in that.

Listen but verify.

These members attended multiple meetings where we helped and provided support—finding, strategizing, underwriting, and discussing their properties to set them up for success.But it’s important to note that our communication is transparent, and it’s easy to verify our records.

I also wouldn’t be worried about the employers and specific locations as long as tenant can verify income.

Verifying last 2 years of rental history very important!

Verifying last 2 years of rental history very important!