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Hey Chicago,I am wondering what residential leases you all use. I purchased my first property within the city and have a vacancy in one unit. I am showing the property this weekend to potential tenants and wanted to m...
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I have always used Zillow's tenant screening application process to screen tenants in the past, and it's worked out for me so far. I am currently considering an applicant that looks kind of fishy, but I wonder if I'm...
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Hello BP, I have a SFR rental in the greater Tacoma Seattle area (not in Seattle proper though). The existing tenant has been in place for about 6 months. When I rented to them they asked about getting a dog and I mad...
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My girlfriend and I are going to use an FHA first-time home buyer loan to purchase a duplex. My question is that if you need to live in an FHA loaned property, but it's already tented with leases through the next year...
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Is the military basic housing allowance enough to verify a tenant's ability to afford rent? If their housing allowance exceeds the rent amount by $450 but they don't have 3x income requirement would you feel comforta...
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Hello BP community,
I’m currently exploring the possibility of converting a single-family home in Philadelphia, which is zoned RM-1, into a multifamily property. I’d love some guidance and insights from those of you ...
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I have an applicant who claims to be a teacher in NYC. I've seen pay stubs and one month of bank statements. I have never seen an employer make 4 different payroll deposits in a month. The deposit dates make little se...
Hi,
My name is Josh and I've been listening to Bigger Pockets podcasts for years, but never actually had the courage to move forward with my first deal until I listened to the "Vacuum the Freakin' Truck" podcast this...
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friends,
I'm new to the wholesaling business and I have some questions that I was hoping someone could answer for me.
I'm trying to get my first wholesaling deal and I am currently looking at properties...
Hi, I have this situation where Boy Friend and Girl Friend both 21 years have submitted applications.Girl Friend credit report is clean with 1.5 X Rent as income(Confirmed). Stayed with her parents in their own home....