Are you using low barrier screening criteria some recommend? Self managers and property managers? Attorney's suggest safest as far as lawsuit goes but can end up with some sketchy people IMO. Having trouble trading ou...
What requirements do you guys have for when the tenant moves in for the money to put down? For example do you request first months rent, last months rent, and a security deposit? What is the security deposit usually e...
Hi all, Wondering if it makes sense to move to online applications with our rentals. Sometimes it is difficult to read the handwriting of the applicants. Has anyone had any success with this? What tools/system do y...
Can rental properties be listed or advertised "section 8 only"? Is that a violation of fair housing laws pertaining to discrimination against income source (I guess in reverse for non-section 8 applicants)? Thanks!
My wife and I are purchasing our first rental property and we have a few questions. #1. What do we charge for a rental application fee?#2. How do we check the tenants credit report?#3. How do we check the criminal his...
Landlord using income criteria, which one would you suggest from list below or there other alternatives? 1. Combined income of 3x2. Each applicant has 2-3x income 3. At least one of the applicant has 3x income4. Any o...
Which tenant screening service do you use? Why do you prefer this service?
I understand how to document applicants who do not meet our criteria, but how do we document applicants who are qualified but not chosen?
A prospective tenant has a 60 lb. Service dog. I do allow tenants in my 15-plex to have a small pet (less that 15 lbs). The applicant is disabled and has provided me a doctors letter and the documentary proof of her d...
I can't get a straight answer from my tax advisors-At what amount, $ wise, do you have to amortize vrs expense it out as a same year deduction?I have been using a $600 limit for expensing, anything over that gets lon...