Does anyone have any recommendations for minimum credit criteria? Obviously, I don't want to exclude my entire market, but I also want to avoid problem tenants. For reference, this is a 9 lot MH park in Florida. Mobil...
I was hoping to get some insight on improving credit scores. I was under the impression that a bank or lending institution would pull a LLCs. members personal credit if that member controlled more than 25% of the enti...
Hi everyone, just closed on my first property and now we are up to screening tenants. I have two sisters interested with a 545 credit score and a 485 credit score. Otherwise no red flags. Can anyone help with some ad...
I read a lot of posts on here that look to understand seller financing. I am starting to grasp why a seller would do it (tax advantages, steady money flow, low risk, etc), but aside from Zillow and Craigslist, a lot ...
So, me and my partner are starting a joint venture where we want to buy rental properties and may be do some flips on the way. We both have our fair share of experience owning real estate and working our way up.
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Team,What is the average applicants score you require and why? Do you change this for lower income applicants/ lower income neighborhoods?I'm using an online screening service that says 650 ◄ (Avg. Renter's score)Thanks
Hello everyone. Timothy Walker here, and I’m looking to become a buy and hold real estate investor. I’ve been a BP member for a few months, haven’t been active though because I’m not the type to ask for help or advice...
I have a property that has been vacant now for 30 days (average is 26), so was considering lowering the rent 5% (~$1,000 over a year) + adding a $1000 fridge, which I am 100% is market (just low end of range). Have a...
Alright, I'm the guy from this thread. I'm looking to get an investment snowball going- I've got a decent amount of cash but I'd like to get in to even more houses than I could buy with 20% down + fix up costs.
A yo...
hello all. I have been looking for my first rental for a few months now and I haven't had to much luck. I have looked into some areas close to home that are low income but I just don't know if the value is there. What...