My rental is in an older, lower middle class neighborhood with houses under 1000 sq ft. Being such, most of my applicants are early to mid 20's with maybe a high school education.
Being so young, many times t...
Hi all, I'm new here to the forums and to real-estate investing. I've been doing my homework for the past 4 or 5 months and I believe I'll be ready to make my first deal sometime this summer. The problem I'm having is...
I came across the idea that you can purchase an LLC with established creditworthiness. Is this legitimate?
I'm trying to see how best do what I'm needing to do. My credit score isn't the best (under 620) and my debt to income ratio is high because I've used my credit to help my daughter. My credit score/report isn't a tr...
I have a duplex with a high-end two bedroom unit and while it is priced accordingly I want to be very selective on my potential tenant pool. Has anyone ever listed a minimum credit score on their rental application an...
Good day fellow BP members!
Starting couple weeks ago I've been marketing my home for rent. (I've got a 3 unit under contract, due to close at the end of the month.. I will be house hacking there)I'm a first time sel...
What is you strategy for selecting tenants? I've reviewed credit history, background checks, and income sources. Do you accept tenants with evictions? Collections? Do you have a base credit score for acceptance?
Hi my name is Banita. I am trying to start my investing career in real estate. I would like to know how to start. I tried buying a house on a contract of deed and it fell through. I gave a down payment of $1000 and th...
So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
Ok so I think I pretty much understand how to use my credit. For best results use only 10% of the credit limit every month and pay it off in full once I get my statement. I also have a credit building loan for 1k fro...