Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
If so she can/should apply for a SSN.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
@Tove Fox hope you find this copy & paste useful:)-------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
Sad that NY isn't taking advantage of expensive hotels to get most of the US traffick to stay on US side and just do a day visit to Canada side and come back.I don't know why small towns change their STR rules and make restrictions.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
I have multiple applicants that have applied. 2 look promising but both want to wait a month to move in.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
Here are a few suggestions to help with the process:Use Zillow or a Similar Platform: If you already have a Zillow listing, having them apply through there is a good option.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Yes, a rule of thumb COULD eliminate a good deal if not applied correctly.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.
Drew Sygit
Why are Newbies Using Invalid Investment Assumptions from 5+ Years Ago?
20 January 2025 | 14 replies
Yes, some of the basic principles in ANY book can still be applied to any time.
Danielle B.
Out-of-State - Ohio Section 8 Housing
22 January 2025 | 21 replies
Here's some basic copy & paste info that may help you make better investing decisions:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Ernest Ho
Emotional Support Animal / Service Animal
19 January 2025 | 18 replies
When it comes to housing, the FHA rules apply in addition to those of your state/city.