Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Typically 75% of rental income can be applied towards your DTI for qualification.
Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
When they apply is when you should confirm their identity.
Kenneth Arafat
1% Rule Questions
16 January 2025 | 2 replies
Learn what each one of these are, and see which makes the most sense to apply to your specific financial plan. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
Prospective tenant views apartment and decides if they want to apply.3.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
Here are a few suggestions to help with the process:Use Zillow or a Similar Platform: If you already have a Zillow listing, having them apply through there is a good option.
Rene Hosman
How do you keep yourself accountable to your goals?
13 January 2025 | 5 replies
Might be good to apply to real estate.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
Even if one tenant is responsible for rent payments, the others will live there and impact your liability as a landlord.Accountability:Requiring all adults to apply and sign the lease holds everyone legally responsible for the terms.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
14 January 2025 | 10 replies
The same also applies when considering a lease renewal or temination.
Zhong Zhang
a multifamily investment case analysis
16 January 2025 | 5 replies
Applying a value add strategies can get you to much much more equity rather quickly.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
Let us know how it goes.I provide my screening criteria on my website, and I encourage applicants to screen themselves before applying so they don't waste my time, their time, or their money.