Miquel Julia
FHA Loans when new to the US | Credit Score
Hello everyone,
I work for a big German multinational and will transfer to the US starting next year. My goal is to stop renting my savings away and househack my first property in the US (co-owner of some properties ...
Rafael Espinoza
Accept tenants paying total rent upfront?
Hey everyone I would like your advice. I am renting out a back house on my property and the prospective tenant couple said they can pay the total rent upfront. The total lease length is only for about 4 months. Are th...
Mariah Klemp
Basic Tenant Qualfications
What are your baseline qualifications for a tenant? Do you find pre screening tenants with a few standard questions turns people away?If a tenant has NO credit - would you consider them?
Alex Verdugo
Background checks and verification
Who do you use for background checks or do you do them yourself? Credit checks, references, income history, etc.
If you do the checks yourself, what resources do you use to gather this information? Websites, gover...
Raymond Kalonji
Are My Screening Criteria Unrealistic for Section 8
Hello,
I have decided to welcome section 8 applications for my rental, but I'm wondering if my screening criteria listed below are unrealistic for applicants:
- Minimum credit score: 640.
- Minimum household incom...
Nina Ning
An applicant with credit score of 770 but no proof of past rent payments
I'm screening applicants for my rental. Actually I have had two applicants so far with great credit scores but couldn't provide bank statement showing rent payment history. I went by the addresses showing on credit re...
Phin Dinh
Prospect tenant with 2.8X monthly rent = monthly income,521credit
Hello,I need your feedback please. The prospect tenant is a single mom living with 2 teenagers. She is working and taking master degree as well. I just use the recommended link to run her credit score check. The resul...
Kyla Meuer
Lack of qualified applicants
I’ve made my second RE investment and purchased a 3/1 duplex in West Allis Wisconsin and I am struggling to find qualified applicants. I’m self managing right now but considering a PM. I’m advertising on Craigslist a...
Kunal Pathak
Potential tenant setting up his own business and no job history
A young potential tenant (college dropout I believe in early 20s) has applied and has excellent credit score and credit check but the credit history is just a year long or so. Trying to setup the business so no W2/Tax...
Ping W.
Should I take a potential tenant with credit score of 524?
Good Morning everyone,This potential tenant is a RN with a retired/disabled husband and her adult daughter, a single mom with Borderline Personality Disorder and her grandson. They have move than enough income to pay ...