Steve B.
Helping a friend secure an apartment
Hi,I have a question that apartment owners/managers may be able to help me answer. I'm trying to help a very good friend secure an apartment in Vancouver Washington, as that's where she works, her price range is arou...
Keenan Steverson
Screening tenants - 3 times the rent - their Gross or Net income?
When screening tenants, income is at least 3 times the rent (traditionally). Is that 3 times their Gross income or Net income? I assume Net, but being a rookie, I don't want to make any assumptions. Thanks!!
Grant Anderson
Rental Applications
Hello all, I have a few rental properties that I manage myself. I have been hearing from some people that I should set up some criteria to base my decisions on. The criteria I have come up with is income must be three...
Jeri Clark
Has anyone used Seed Capital?
Has anyone had, or know of anyone that has had, experience with funding from Seed Capital?
They promote that you can get a credit line up to $2MM at 0% for a year, but even with great credit I was only pre-approved f...
Hyeonji Oh
What's the benefits of 2/1 buydown in our situation..?
I’m trying to buy a house in Phoenix using a second home loan, putting 10% down.I'm trying to understand why anyone would choose the 2/1 buydown if you end up paying the same amount of money, whether you select the 2/...
Julio Gonzalez
How to Utilize R&D Tax Credits in Your Manufacturing Business
While we know that many manufacturing companies face tax concerns, there is a potential solution. Companies may be eligible for R&D tax credits while being unaware that they qualify. This can be a wonderful tool t...
Peter Morgan
Should I accept this tenant?
A prospective tenant showed up today and their monthly household income is 1.9x rent and have additional incomes social security, job disability income etc ,income with this additionals comes close to 3x (little less...
John Herte
Low Credit Scores - Higher Security Deposits?
I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...
Joe Gilroy
Back round check for prospective tenants
Is there a good company that will allow me to run a back round check on prospective tenants ? Is it normal to do a criminal back round check on prospective tenants ? We have pulled their credit reports and the c...
Tyler Ingram
DTI ratio question
My fiancé is on the mortgage of our primary home, but I am not. We do split the payment but there is no lease or anything legally binding forcing me to pay each month.
We’re looking at buying an investment property ...