Brian Matthews
Moving to San Antonio
9 May 2019 | 20 replies
I recommend looking into middle class properties right below the median household price.
Brandon Young
New Future Investor in Making
29 December 2017 | 4 replies
I'm 25 years old, my household income is $3200 a month with $1600 in debts, I have a credit score that scares me, and I don't know what I'm doing.
Matt Geerts
Listless
10 June 2016 | 6 replies
I can blanket neighbourhoods, or I can get simple lists like household income, owner vs renter, and some other vague demographics.A recent podcast guest, @Tom Krol (damnit, BP, mentions aren't working today!)
Mark A.
Tenant screening - Subpar credit score...but...
20 March 2017 | 29 replies
Honestly, you need to see a sustained household income > $105K for this tenant to be considered safe.
Patty Yang
PROBLEM: Managing utilities for house hacking and rentals
10 July 2020 | 9 replies
@Daniel Haberkost@Dennis Cosgrave@Mike McCarthy thanks for the tips.. i'm just thinking..I may give a try in building some small tool like a utility portal to show all the utilities per door and household and to just set alerts if it ever goes overused.
Seyed Hamidreza Mohammadi
6-plex rental property financing
16 August 2016 | 4 replies
- A 6-plex apartment complex with a ~500k price- For rental purposes, I would not occupy- This is my first home-buying ever ( I rent myself)- My credit is Excellent (750+) and salary is 100k+ range (household 200k+)- I can put in 10-15% downThanks for the help.
John Casmon
Dispute Between 3 Roommates and a Boyfriend
8 October 2015 | 4 replies
However, we use only month-to-month rental agreements, which makes it easier when adjusting the make-up of the household.
Chen Zhou
My journey investing in Detroit
5 April 2021 | 53 replies
IDK, what pricing you are expecting in rents but median household income in Michigan is $54K = $170K for home values or $1500/mo for rent.
Cynthia Miller
Locking out a tenant in Detroit
30 November 2019 | 28 replies
I am a LL with a large portfolio of Detroit SFR rentals.It is not a Civil issue anymore it becomes Criminal intent on your part.I can go in-depth on the various scenarios (with experiences picked up over the last 7 years investing on Detroit) but would not wish to as it is a different topic on it's own right.Hence, Sorry but just take this experience on the chin and go through this eviction like a Landlord would do.For the next tenant, follow a regimented Screening process: 1) Check the 36th District court for past evictions & money jugements (LT issue and GC issues), if it is under 3 years avoid the drama and move to the next applicant.2) Previous Landlord verification - call and speak to them (run the Landlords name if you have MLS access against the ownership records)3) Employment History and Stability - 3 times rental income atleast. 4 times if it is under household share.4) Credit Score - a Good indicator but take it subjectively as a Low Credit score is not an automatic refusal.
Cameron Wutzke
4D affordability program: your experience?
26 March 2023 | 2 replies
Here's some detail:Affordable housing criteriaRent is affordable to households making less than 60% of Area Median Income (AMI).