My Husband and I have been looking to purchase our first investment property. My husband has been at his current job for 7 years and it is a 70/30 split Salary/commission. He was offered a position at a new company wi...
Hi - I'm doing a background check on a potential tenant for the first time. Does anyone know of a good software/ service that provides background checks of a person's eviction history, criminal, and general backgroun...
When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...
We have an offer to rent out our property but the prospective tenants have some questionable history. Low credit scores (low 500), unpaid medical bills, a few collection agency accounts, supposedly never late on rent...
Is there a quick/easy way to get rental comps, history, and vacancy rates?Is a property manager the best resource for this type of info? I guess they would be preferable compared to a real estate agent?
I am researching a 17 unit building that might have a history of meth or other drug activity. I plan to rehab the property, rerent the units and hold it for a number of years, at least 15 or so. If it has a drug histo...
I have read that if you work two full time jobs, if you work atleast 2 years and have maintained that position for 2 full time, then your income is the total you make combined. But the rules say, lenders will only con...
I had an applicant look at my house for rent and applied on the spot. He had a friend with him that spoke better english that actually filled out the application. He said he moved to the US a few years ago but only...
If I paid off my mortgage and now need to move the property from my personal name to LLC (owned by me only) will I lose the credit history that I built as the result of paying off my property mortgage?
So, the state treasury foreclosed on a property back in 2000 and issued a deed to DNR. DNR auctions the property, issues a quit claim in 2002. At this time, recipient of quit claim could have gotten a fee simple tit...