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Two youngsters want to rent my 1-bedroom furnished apartment. They have little income, but one says her parents are supporting her while she's in college. So I asked if the parents would co-sign.The parents said Yes, ...
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I have a duplex with tenants I inherited that pay their rent in cash. The current setup is I swing by once a month to collect the rent. I'm going to have them sign a new lease, and don't want to collect the cash eac...
Can someone recommend a way to check criminal only? I can check locally online, but this applicant has lived in another state in the past. My rentals are travel trailers, so the applicants I get are not the cream of...
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So, I have heard bad things about posting a 3 day pay or quit and then accepting a partial payment. I understand that I can't proceed with a dispossession now that I've accepted partial payment (if they don't pay the...
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Hello,
I have a potential tenant who has found my rental from out of state. She's moving for a well respected, good job here which puts her at 3.5X income. Her current verifiable income would only put her just under ...
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Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
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My question is about the Section 8 inquiries. I don't know anything about Section 8 and I have people asking if I am going to accept Section 8. Do I have to accept Section 8 or can I stick with income requirements t...
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Hello BiggerPockets!I live in Middlesex County NJ with my fiance. We have been staying rent free at her parents for about 6 months since our apartment lease ended. For the past year we have been looking for an investm...
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Hi,Any and all advice is really appreciated right now.I am currently starting out and have come across a buyer that is interested in an 80%ARV cash buyer. This is not what I was researching, therefore I have no idea o...
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So I got my offer accepted and now next is inspections... There is currently a PM in place and they were in the process of evicting a tenant. What should or could I do to prepare for and after closing??? maybe ask the...