Greg Scott
HUD offers more protections for criminals trying to rent
In a letter this week Marcia Fudge, Secretary of HUD, indicated that she intends to "reduce barriers to housing among those people with a criminal record". See here for full details. https://www.hud.gov/sites/dfil.....
Account Closed
Federal Budget Deficit and Section 8
With the federal deficit projected to hit $985 billion in 2019, I'm curious what anyone might think of the long-term sustainability of HUD's appropriations for section 8 vouchers. Once there's a reckoning and policy m...
Harrison Sharp
DFW Rent by the Room Strategy
Hi all, Been on BP for awhile, have a house hack in Plano and a second property in OKC under my belt right now. I'm currently working on getting my sales license before my next deal next year. With that being said, ...
Matt Sterling
Would you buy an 8 unit with a sex offender as a tenant?
I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
Todd Groom
Florida eviction for non payment - assistance
The eviction ban in Florida has changed. Now landlords can evict tenants who have not lost income due to covid-19 and are just choosing not to pay. Also the mortgage on this property is private and not federally backe...
John Colburn
Do you tell tenants their building is for sale
I have made a decision to put my 6 family apartment building for sale , and wonder if I should be up front with the tenants. I have very good relations with all of my tenants and like to let them know. The market ...
James Erickson
Must you do a background/credit check?
Must a landlord perform background/credit checks on prospective tenants? I use the standard Texas Apartment Association application and on there it does ask about their background but I'm sure many people lie abou...
Kyia M.
Do you love what you do?
We all know that r/e can be very profitable, but how many of you actually love what you do?
Adam Azam
how do to tell tenants their application has been denied?
Just wondering. I have a current vacancy and the last few people that's called about it were 2 convicted sex offenders and 1 known druggie that has limited income and a troubling criminal history. I'm struggling with ...
Ryan Huebinger
Just when you find a multi-family deal that peaks your interest...
Found a complex on the MLS recently 10 units. 6 are 2/1 and 4 are 1/1Recently rewired and replumbed. Google street view actually shows it all boarded up from the image in early 2013Price tag $300kMLS states NOI is aro...