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16 March 2018 | 14 replies
In Arkansas, I can choose to do criminal or civil eviction, but would rather do neither.
16 March 2018 | 20 replies
When screening make sure to get a full criminal, background and credit check, and be sure to check out any social media they have so you can get an idea of who the person you will be renting to, really is.In the meantime try to be as friendly as possible to the tenant and attempt to reach a reasonable solution, such as cash for keys.
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15 March 2018 | 6 replies
The couple has decent (not great) credit, no prior eviction history since they currently own their home, and no criminal history.
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19 March 2018 | 1 reply
You will still be able to dictate who you rent to based on credit score, criminal background, landlord references, work history etc..
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28 March 2018 | 19 replies
It will list any evictions, criminal, and credit to see how well they pay their bills.If you meet with a prospective tenant in person try and get a look inside their car.
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12 May 2018 | 78 replies
Make sure they rent is no more than 33% of their income and they have no criminal history, collect 2MO security deposit and you will be fine.
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31 March 2018 | 61 replies
Its usually the outrageously bad tenants, or outright criminals.
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29 June 2019 | 4 replies
Pros:Strong cash flowMajor affordable housing shortage in the countryBarrier to entry - zoning prohibits new parksPride of ownership - the residents own the homeLower operating costs - the residents own the homeLower touch - the residents own the homeSticky residents - costly to move a homeEasy to raise rents - costly to move a homeRecession resistant asset class - affordable rentLarge private equity funds are entering the space - drive prices upMom & pop ownership - opportunities to improve NOI and valueLower entry cost per door - less capital neededCons:Not sexy - smaller resale pool (but that's changing)Stigma - some counties try to stop operations (poorly operated parks, criminal activity)Stigma - some people don't want to live in oneLower credit quality residentLess appreciation potential, unless forcedNiche investment - helps to have scale to properly operateMany banks don't understand it - tougher to financeOlder assets in many cases
31 March 2018 | 13 replies
For one, this isn't a criminal matter and so the police will not get involved.
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27 September 2022 | 14 replies
Do NOT fall for the ones who are overly "nice" and "eager" as they are generally Credit Criminals!