Martin Sterling
Hacking Housing Hacking
Greetings,There's a 3 family in I was thinking about purchasing as a rental. I wanted to get FHA financing. Purchase Price: $120kTaxes: $7,240Market Value: 220k-250kWith Mortgage insurance my payment I think will be a...
Kimberly H.
Smoke detector legislation in Illinois-tell your state senator!!
Attention Rental Property Owners in IllinoisCall your State Senator and tell them to VOTE NO TO SB2837.A proposal being considered in Springfield will require all single family homes and apartments, outside of Chicago...
Kyle Carter
Screening tenants effectively
Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? For regular tenants and/or section 8 tenants.
Granville L.
Tennant squatting
Well, after 4 years of renting we have our first squatter. Long story short, they paid for the month then did a stop payment on the check. When confronted they said they were not paying so I evicted them. Funny thi...
Crystal Ward
Should I rent to a felon?
Tenant and his wife filled out a rental application 2 weeks back. I gave full disclosure that I will preform a credit and background check. When presented with this information he explained he had a felony 7 years ago...
Erin Church
Would you rent to a bank robber?
So, I've come across something I hadn't contemplated. I have someone that is interested in a vacant unit I have that meets the minimum income, seems to meet the minimum credit score, but robbed a bank 5 years ago, ser...
Shane H.
Experience renting Housing to a business? What screening to do?
Hi there - posting this up real quick as I have a duplex with one unit vacant real close to the Air base here in town - LOTS of construction going on there and I was put in touch with a contractor who has a 3 year co...
Vikram C.
principle vs principal
I have been seeing a lot of posts where the word principal is mis-spelled as principle. I would normally ignore spelling mistakes but wanted to post this because this is an important word in REI and would affect othe...
Kenzie McIlvoy
Standards when screening tenants
We are under contract for our first live-in-flip and will be using our current house as our first rental. We are going through the process of screening tenants and have had several people apply. Our current standards ...
Luke Carl
Thoughts on placing this tenant
Great job 809 credit score. 12 hits on criminal record the worst being battery with intent to cause physical harm (3 counts total) and Burglary of a Dwelling. Both of these were in the 90s.
There was another battery ...