How do you equate a potential renter with no fico with a low fico potential renter? For me anyone with a fico below 560 is probably a life long deadbeat, and anyone with no credit file, probably is also a dead beat, b...
I'm just finishing up the rehab on my first SFR rental. As it winds down, I'm really trying to streamline my application-to-lease processes. My plan is to give all interested tenants an application at the time of sh...
Hey,
So I purchased my first SFH last year and quickly rented out 4 rooms before my 1st mortgage payment was due. I walled off the dining room creating an additional 5th bedroom turning the house to a 5bd/2.5ba and r...
How does everyone ensure that utilities, electric, water, etc, are switched to the tenant upon move in? Providing a slip showing they've contacted the companies or do you call the utility company the day of to make su...
My partner and I are finishing up a duplex. It has one furnace and one thermostat in the down unit that controls the temperature for the entire house-both units. My plan is to get a lock box installed around the therm...
Dear BP Community:After rehabbing my first unit and getting all my ducks in a row, I am on the cusp of being ready to go out on the market for the first time as a landlord. I am excited, and nervous! I would love to g...
Hi everyone. I'm trying to add language to my lease addendum that clearly states additional tenants. We have a tenant moving out who is the sole person on the lease. Evidently, they had their brother and girlfriend li...
Hello BP! Currently in the process of purchasing my first house hack (a duplex) near the local university and plan to rent out by the room. I expect my main target demographic to be students/young professionals. In th...
New tenant asks if a non-family member can move in (friend of fiancée). Says he's willing to pay the application fee and have a background check.1) I'm grateful she asked.2) What are your thoughts? If mom or daughter ...
Last night on the news there was a story about nightmare tenants George Zimmer and Jennifer Zimmer. They have been screwing landlords in Sioux Falls, Florida and possibly Chicago for years. I heard the name and realiz...