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4 April 2024 | 3 replies
I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 income is around $10000 monthThe monthly net income is $5700No car loan's No credit cards balancesThey pay $800 month on a personal loan.Since a rent check is written after net income is received.
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4 April 2024 | 3 replies
Before consulting with property managers, I advise checking in with the HOA managing member to discuss this matter.
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4 April 2024 | 5 replies
Dedicate one checking account and credit card exclusively to real estate.
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4 April 2024 | 12 replies
It's already obvious but check anyway.This is required to have a permit, so just get one and stop worrying about it.
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4 April 2024 | 32 replies
Innago, Rentredi are names that come up a bunch.a slightly different approach is to use something like hemlane that is a solution that sort of sits between self-management and property management. you could check that out.this site has a bunch of other resources you could look into: https://everyreitool.com/categ...
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4 April 2024 | 5 replies
You need to check with your State, in Florida you will have to pay sales tax on any rental agreements of 6 months or less so check for any possible sales tax liability.
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4 April 2024 | 8 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!
4 April 2024 | 6 replies
Check out Zillow hottest housing market of 2024: https://www.axios.com/2024/01/10/zillow-ranking-hottest-real...The Columbus market provided great appreciation while the Cleveland market provided great cash flow.
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4 April 2024 | 4 replies
Pretend to be a renter and check the rents there.
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3 April 2024 | 6 replies
By my understanding, they pay a fee to apartments for the background check and application, right?