Steven J.
Tenant referral; what can/cannot I say?
I'm curious as to what I can/cannot say in a tenant review with a new landlord. I know it can get you in a tough spot if you say the wrong bad things about an employee to a new employer - how does it pertain to tenant...
Jonatan Cris
Investing Overseas (Uruguay)
Quick disclaimer. This is my first ever post and so my thoughts may not be all that clear. With that being said.Hi, how are you? Are you interested in investing in South America?Let me tell you alittle about myself. I...
Amit Patel
Buying from Wholesaler - Advice on steps to follow
Buying my first place from a Wholesaler. Agreed on price , now not sure of next steps. 3-family in NJ.
* I have contractor ready and he said he will pull all permits,etc. doing a phased contract where we make payment...
Theo Daubresse
Minimum Standard for Credit Scores and Security Deposits
Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...
Clark Coffey
Ideas to better filter potential tenants needed!
Hello all, I'm so grateful I found this forum and I appreciate everyone's advice. You've all been so helpful so far.
It seems no matter how much I reiterate my application criteria in my ads and in my communications ...
Michael DiGiovanni
Using Land Trusts To Avoid Due On Sale Clause & Other Benefits
Hi Everyone,Since I don't want to leave money on the table, can someone please give me the "in a nutshell" explanation to the following questions:1) Should I set up a revocable or irrevocable land trust on each proper...
Jared Smith
Annual Lease Renewals/Increases for Great Tenants
All, what is your opinion on rent increase amounts for great tenants?Thanks!Jared
Darek J.
Prospective Tenant Screening Criteria checklist question
Hello all, I spent the last hour or so typing up my screening criteria for anyone that will applying to be a prospective tenant for my rentals. I have great inherited tenants now (knock on wood), but I would like to ...
Mauricio Quintana
Class C property, what income/rent ratio do you require?
Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
Timothy Asp
Violating the Due-On-Sale Clause: Risky or Worth It?
This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...