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I own and manage a rental unit in the duplex that I also reside in, and have always been very careful in screening my potential tenants. However, I just received notice today from my current screening agency (landlord...
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Hello BPI am closing on my first rental property June 13 which is approximately 1 week away. I just wanted to ask how current land lords are doing tenant screenings and if there are any services that you would recomme...
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Hi Everyone,
I am currently researching the process of wholesaling and am a little confused about the process. You will see me post a couple topics, however this one will be specifically regarding the title companies...
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Need some clarification in regards to Revocable Trust in California. I am currently in a process working with a seller on a "subject to" deal. Seller agreed that will allow me to take over their mortgage payments an...
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Beside the obvious cases (sex offenders, evictions), how you guys go about translating the details provided in the background report to make a decision in selecting tenants?Thanks.
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Does anyone know of/use an attorney-based website that will review contracts for misc. investment property contracts?ORDoes anyone know of/use an attorney-on-call website? Like a monthly fee and you have access to an ...
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Hello,
If a landlord has a property manager managing his property can he still obtain the credit history and background checks verification the property manager has conducted to vet a tenant just to verify that the m...
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The new bank rules require someone to be named as the beneficial owner of the account.
Under the Beneficial Ownership Rule,1 a bank must establish and maintain written procedures that are reasonably designed to iden...
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I am closing on a duplex today and I have two units that are MTM. I am going to put them on leases but am wondering if I need to run background or credit checks on them first. Do I need to request them to send me copi...
Hello,
The Situation:
I bought my current home for $190k (tax assessed $250k, Zillow $265k, rent ~$1.5k-$2k) and my neighbor is selling their near identical home (slightly smaller and basement access on...