I have hired a management company to screen prospective tenants for my apartments. But I just found out that they do not do credit checks. They said they do criminal record background checks, income verification, evic...
I spent money I didn't have on a weekend long course that promised to show me how to fill out a LEASE OPTION CONTRACT on the advertising, but to my dismay, we were never taught how to. I was told on he first day to ...
I’m looking for a feedback and advice around process and tools used by owners and managers around applicant submission, tracking, analyzing and selecting. More specifically any info you can share around tools you use ...
Do you place your tenant screening criteria on the application or advertisement? I have the income requirement on the application now, but I'm curious if other PMs list things such as minimum credit score, eviction-f...
Those that rent to low income tenants:
If I were to institute a policy of no prior evictions and felonies during the screening process, do you think I would eliminate my entire rental base?
What are your standards w...
Hello BP members,I've been a member of BP for a little over a year now but I have yet to jump into investing with partners. I would like to partner with some people but I don't know the best way to do a background che...
Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property Managers
In recent years, the rental market has experienced a troubling rise in application fraud. This phenomenon not only poses s...
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
Hi Everyone,
We finally have our first condo under contract. As new landlords we don't even know what we don't know so we are just putting one foot in front of another and keep on moving forward. Our next step...