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8 January 2016 | 1 reply
Or how to screen to find a good inspector?
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8 January 2016 | 7 replies
@Luke McclureCongratulations and welcome to the world of landlording.Below, are some links to help with your transition.http://www.biggerpockets.com/renewsblog/2012/12/09/how-to-be-a-landlord/ (How to be a landlord)https://www.fanniemae.com/content/tool/landlord-guidance.pdf (Fannie Mae landlord guidance)https://www.biggerpockets.com/renewsblog/2013/01/27/tenant-screening/ (Landlord/tenant screening)https://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/ (how to rent your house)https://www.biggerpockets.com/rei/pay-rent-online-payment-tools/ (Online rent payment)http://www.biggerpockets.com/renewsblog/2015/05/26/how-to-evict-a-tenant-2/ (tenant eviction)
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12 May 2015 | 5 replies
In the articles I have read about tenant screening it says to make sure to check the addresses on the credit against the addresses on the prospective tenant's application.
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16 June 2016 | 5 replies
As to catching up on payments, that can be done, but taking title is another issue because that property is now on the lender's radar screen and there is the due-on-sale clause to contend with.Now, if you limit these foreclosure hunts to private foreclosures, some private lender who is not an insured institution, then you might avoid some pitfalls, but still, not all.And, actually, foreclosures are not the goldmine most think, usually there is little equity after all costs.
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23 May 2015 | 11 replies
Craigslist is excellent.Make sure you pre-screen anyone who responds to your ad (you can pre-screen in the ad).Screen, screen, screen before signing a lease with anyone.
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21 May 2018 | 5 replies
How will you market the property and screen renters?
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17 May 2015 | 11 replies
While promissory notes make good IRA or solo401k investments, it is important to properly screen borrowers so not to risk your hard earned retirement funds.
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14 May 2015 | 6 replies
@Spenser Harding what is your initial screening parameters?
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15 May 2015 | 2 replies
Read those over.Secondly start listening to the podcasts.They really cover everything from finding that first property, financing, screening tenants, etc.
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13 May 2015 | 3 replies
When the tenants move in, you hope the screening predicts the future, but you really don't know if they will pay on time and take good care of the property and stay for a long time.