Account Closed
am i alone in doing well with low end property???
every time I get on this website, I see a consistency to people proclaiming "low-end" property to be not worth the headache. Am I the only one that disagrees? I consistently make very strong money with such property. ...
Alfredo Diaz
Can i decline an applicant due to the number to occupants?
Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...
Account Closed
High volume of applicants for SFH
I have lots of inquiries for my SFH in the first day of listing (~20), can i have the renters "bid" on the rent they'd pay for the property? (Assuming yet all meet income/credit requirements) I just want to be fair/le...
Kev Li
Filing for the STR Loophole
Hello, a lot has been written about the "STR Loophole". My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole". I do not provide substa...
Shiv Jey
High income, low time
Hello all,Wife and I are high earners with busy jobs and limited spare time (total salary >$1.2M/yr). We don't live lavishly, pay a ton in taxes, and are making traditional investments. Our savings are starting t...
Ali Groat
Timeline for multiple tenant applicants?
I listed an apartment recently, available 7/15, showings start 7/1. I have received 75 inquiries (and counting) and have 20 showings scheduled between 7/1 and 7/8. I expect to receive multiple applications in that fir...
Jacob Daniels
Tenant with 2 bankruptcies
Hello Forum,I'm in the process of screening a tenant for a LTR, and received an application from someone with 2 bankruptcy filings, one in '15 and another in '17 and no previous rental history. Applicants credit scor...
Sophia Wang
Tenant requesting room locks installed
We have a tenant who is having roommate issue, and we are in the process of screening a new applicant to take over his lease. He emails me every other day or so to complain about the noisy roommate.
Today's e...
Jacqua Le Fleur
Minimum Occupancy Enforcement - HELP
Greetings all. Quick question. I want to make sure that I am correct in upholding my occupancy limitation of 2 people for my 1 bedroom rental property. I read the Fair Housing Memo which outlined their interpretation ...
Jonathan Reizovic
Contracts and contingencies??
Hi,
I am a newbie here. I am reading in a lot of these post to include contingencies in ur contracts so if the deal doesnt go through you are not liable. I would like some info on these contracts and contingencies bec...