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?
A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
Hello!So a quick question for those of you who use any type of background/credit check/eviction/criminal history check for screening tenents. Do you have each of your adults in the unit (maybe not necessarily the appl...
Trying to find the best rates and terms without filling out a ton of applications. Who should I call? I need a company licensed in most of the Southern states.
Legal or not in your jurisdiction? Here in CA, i believe there are anti-discrimation laws that state a landlord cannot discrimate on the SOURCE of the income, nor can they refuse households based on the sex of the app...
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...
Today a family of 6 (3 adults, 2 babies, and a 10 year old) viewed one of my apartments but only the 10 year old could speak English. I tried my best to speak to the adults through the 10 year old but the child strug...
I'm wanting to purchase a duplex and a single-family home simultaneously. Can I use a conventional loan or will I be required to obtain a jumbo loan? I read jumbo loans are not easy to get. I understand selling one of...