Fareen E.
Refusing a Tenant Prospect Before Showing/Application
Hi, question:
May I tell a prospective tenant he's not a good fit before showing the house to him because he's refusing to comply with my showing policy of sharing a copy of his ID with me prior to the showing? He's ...
Wilson Lee
Lender is not proccessing the loan. 5 months +
Hey, I purchased and rehabbed a house last year with a HM loan. Back in November I applied with a new lender for a 30 year fix mortgage. We are cashing out to buy a different property. The lender took until Januar...
Denise Holder
How do I check credit and background?
Hello!
I have my first tenants, I'm to the point where I need to check their backgrounds and credit. How do I do it? I have their ssn's, thought I could do it, but it does identity checks to make sure it is them. H...
Gus Lembo
Newbie's first application doesn't want credit hit
I am a newbie that applied with my first out of state loan in Michigan. I am waiting for a response, but it is taking long. I want to reach out to other lenders but I don't want my credit hit every time I apply with a...
May Navamon Aunaetitrakul
Rental Market Theory
Hello,
So, I’m an experienced real estate agent with leasing agent background. I’ve had couple of listings now where people just apply before even seeing in the unit. I’m used so summer market being hot but wow…this ...
Robin Olivaw
HVAC replacement in single-family rental - deduct or depreciate?
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
Jesse Dickens
Has anyone used Credit Stacking to build business credit?
I'm looking into the Credit Stacking program that Jack McColl runs. Looking for any reviews from previous students.
It's a program that helps/teaches you how to access business credit to fund your business endeavors...
Darrell Kirby
How to Apply for Section 8 in Michigan - Landlord
How do I apply for section 8 in Michigan? I have been trying to research and have left messages and sent emails with no response to the HUD link I was referred to. Is there a Landlord application to fill out?Thank you...
Ike Stephens
HELOC on Newly Renovated Duplex.
A brief overview of the situation:In September 2019 I purchased a duplex in Cleveland, OH using a conventional mortgage with 25% down. I'm about to make a lot of renovations to it that will significantly increase the ...
Matthew Gonnering
Building Business Credit
Building business credit has been something that has come up a lot when I have been looking for doing deals. Basically to start from nothing I have learned that my business needs to be set up as an LLC, has its own bu...