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25 December 2021 | 4 replies
I match the addresses on their application with the addresses on the credit report because some applicants will leave an address out in hopes you won't call their Landlord, or they will provide fake addresses.
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29 March 2022 | 2 replies
A directory of rental property management software and applications that will help you automate and systemize REI passive income.With a few notable exceptions, most of these we have not personally tried or vetted (yet).
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18 July 2022 | 3 replies
Or they can see old wiring and suggest you hire an electrician for a more in-depth review of the electrical system.If the property is occupied by renters, you should review their leases, payment history, applications, and anything else you can get your hands on.
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29 November 2022 | 26 replies
There is a ton of great information on STR applications here as well as on youtube.
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11 August 2022 | 5 replies
Second question first: Get the HELOC approved before making an offer since you need the funds from that to be in a position to make a down payment.Then, on the mortgage for the new purchase, you application will show that you are using the HELOC to partially fund the next property.
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2 November 2022 | 10 replies
Examples of event-based fees include application fees, move-in fees and late payment fees.These types of fees are only incurred by tenants based on certain events so they do not constitute higher rents, but they can provide an ancillary income stream that increases NOI.Ancillary RentUnder certain situations, it is common for multifamily real estate owners to charge ancillary rent.
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5 February 2022 | 4 replies
The fees for the petitions and applications are generally nominal.
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8 February 2022 | 4 replies
You can reject a Section 8 applicant for the same reasons you reject other applicants: credit score, Landlord reference (or lack thereof), criminal history, etc.
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9 February 2022 | 4 replies
The potential tenant still has to fill out your application for the property.
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10 February 2022 | 6 replies
It also includes a great new tenant screening application that has been super helpful