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9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!
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6 January 2025 | 3 replies
@Vijay Singh SambasivamI would suggest speaking to local banks, and credit unions.
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17 January 2025 | 11 replies
Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).
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29 January 2025 | 47 replies
I have broken down 4 key benefits to a retirement account: 1) Compounding interest in the absence of taxation (particularly with a Roth IRA) 2) Ability to self-direct into alternative assets, like real estate, private real estate partnerships/syndications, crypto, gold & silver and other alternative investments. 3) Credit protection (see state specific laws), but generally inherent protections. 4) Upon death, if setup properly, probate avoidance
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8 January 2025 | 6 replies
Zillow has an easy application for them to fill out. it come back with a credit score and background info.
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14 January 2025 | 28 replies
As well as 3 credit cards which so far have not cooperated and synced with Quickbooks which takes some extra time each month.
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10 January 2025 | 12 replies
Otherwise, if the numbers make sense and your credit is good, it should be easy to find a lender.
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9 January 2025 | 30 replies
I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.
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7 January 2025 | 1 reply
I'm broke as a joke but I have good credit how do I get started
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14 January 2025 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?