If you want to see the monthly income of 3x the rental amount (or whatever your standards happen to be) do you ask what they owe and have monthly payments on? Obviously if their income is already "spoken for" and the...
Hello my fellow landlords,I have listed my first property and have my first applicant. I have a couple of questions regarding doing due diligence on applications. I have set a minimum standard of 3x income. rent i...
Hi All,As I continue to try and sharpen my RE game, I am going to solicit feedback on how people handle prospective tenants and the application process.Here's what I do, and I'm wondering if there is a better way:Pros...
Hi Bp community, I have a few units and want more. I am currently managing and will be until i no longer want too which im sure will come with expanding. Does anyone have a good rental property website that i can look...
I have a potential renter who is refusing to go through the application process. Meaning, not providing his social security number to use a service for credit check and background check. He intendeds to rent through t...
Does the rise of self employed workers driven by (no pun intended) companies like Uber, Lyft and other app driven service jobs pose more risk than a standard 1099 applicant? Sure some can make 55k a year but some mont...
I recently did tenant placement for a friend of mine. These were some of the reasons i did not accept certain applicants. I’m looking for feedback on if these are good reasons or if are they are eliminating good prosp...
Had a phone call from a couple - seemed nice on the phone, reasonable explanation why they wanted to move, etc. Did a background check, found out that the man has been jailed on terroristic threats, assault, bad chec...
Hello! I’m new to the Bigger Pockets Community as well as property management. I have been reading Brandon and Heather Turners “The Book on Managing Rental Properties” and have found it extremely helpful. I just have ...
Hello all,I'm looking for an investor friendly real estate agent in Minneapolis (Hopkins, Edina, Eden Prairie, & other surrounding cities). I'm just getting started in real estate investing & recently, last we...