First time posting, following BP for a while now. I moved to Phoenix from Toronto last month and took over a six month lease that ends at the end of July and hoping to purchase a place by then. I am looking for a real...
My name is Edwin and I am a 20yo investor out of Mocksville NC. I have two single family properties so far, both of which I cashed off. I want to purchase a small multifamily property and because I started building cr...
I was reviewing a document online here and it talks about how the newest version of the FICO score factors in rent payments into a person's credit history. From what I can see this new version of the FICO score was r...
What are folks using as their minimum required credit score on rentals?
I’ve got mine set at 650 but not sure if that’s too high for a c+ / b- neighborhood. Thanks
Hi All! I have a rental in a somewhat depressed area of North Florida. The biggest employer shut down about a year ago and 3 hurricanes (2 major) hit directly in the last year. When I listed this property last yeear ...
Society is becoming increasingly dependent on credit to make purchases and financial decisions. A good credit score is used for more than just getting a credit card or a loan. Due to people extending themselves beyo...
Hi all, I am in the midst of revising my rental criteria and just want to see what you all thought about my criteria below in regards to income and credit scores, your thoughts?
Applicant(s) has verifiable combined i...
What is the best way to bring up your credit score ,
Hey guys,
We have had some tenant apps that smart move suggested we decline, and a few that said lightly approve.
They seemed like decent people, but my question is.....
If SmartMove says decline, do you ALWAYS dec...
What is the acceptance criteria that you use for tenants? For example, minimum credit score, criminal history, income, etc?
Also, which website do you recommend for doing credit and criminal history checks?