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.

You are the 2nd or 3rd person to tell us how important the cleaning crew is, we will definitely invest in getting connected with a good cleaning team and visa versa.

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.

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.

The fees for the petitions and applications are generally nominal.

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.

The potential tenant still has to fill out your application for the property. 

It also includes a great new tenant screening application that has been super helpful 

Or if they lied on their application.

@Boston TaylorUse rentler for screening, applications, and even renters browsing.