Hello - I have tenants in a rental home in the Cleveland area who have rented the home for the past 12 years, excellent tenants, always pay on time, etc. They're a married couple, both self-employed. They want to bu...
I am currently in the process of purchasing a vacant parcel of land located in Yuma County, Arizona. The most recent recorded deed for this property dates back to 1970 when it was transferred to a married couple. Subs...
Hello BP!I'm looking to build a student-housing niche portfolio in Reno, Nevada. My wife and I just acquired our first duplex a few months ago. It's currently occupied by undergraduate students but we would likely to ...
Hey guys, so right now I am currently in the learning phase of the real estate investment process, and I have a question that I haven't seen anywhere (hopefully not because it is a stupid question). The idea of house ...
Hi community!
I'm starting my first ever round of applicants for my first door. If 2 adults are applying (not married), do I run background/credit checks on both adults? If so, do I charge the $38 (RentPrep smart m...
I am reviewing a potential tenant for one of my single family homes, and I've run into an interesting situation. I have an application from a couple who is getting married on July 24th. He is an IT guy with a stable...
Hello-My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to bei...
I have my homestead property we are going to AirBnb in the future. We would like to buy another home but my DTI is too high with my current home. I know that I can rent it out long term and it can be taken off of my D...
It's common knowledge that a basic qualification for a tenant is to show income that is 3x's the rent. However, if a husband and wife or a boyfriend or girlfriend are filling out the application, is this a joint requi...
Hello everyone. I am trying to acquire a property, but I have a situation that I need help with.The situation is a married couple (who had children before they tied the knot) owned a single family home prior to them p...