Dolores Gonzalez
Screening website recommendations
I have been using Smartmove.com to invite tenants to fill out their information to run a credit and background check. The problem is that some of the potential tenants are not internet savvy or don't have access. I ca...
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Any way to verify other offers on a property?
On a recent home purchase, I submitted an offer and I was told there were no offers on the home when I submitted mine. The next day when the deadline was nearing on hearing back from the home owner, the listing agent ...
Nathan Gesner
What is the most common excuse you hear as a Landlord?
We've all heard the excuses:My grandma died and I had to fly to (name the state) for her funeralI had to go back to (name the state) for my best friend's weddingSomeone stole my identity and emptied my bank accountI'm...
Kayla D.
Should I have STR guests (via Airbnb) complete a rental application
Hey y’all! Since listing my basement unit on Airbnb for stays 32+ days, I’ve gotten a few hits. Some of the leads have seemed very scammy - imagine someone willing to pay $22,000 for six months? Not me! But it’s happe...
Kirk B
The Reserve Expense Prinicple of Property Analysis
I was looking at a property that had extremely high taxes in relation to Gross Rents:
2 apts $500 ea, $1,000 Gross
Taxes: $4,250/yr $355/month
...
Jason Elz
As a new landlord - how do I defend against fake identities?
Say a prospective tenant were to come to me with a fake ID, a made up SSN, and plenty of references and proof of income. When running background checks, what sort of response would come back if the ID or SSN is not va...
Mitch B.
Applicant wants copy of background checks.....
I've got an applicant that has decided not to rent my SFH but would like a copy of the background outputs from Mysmartmove that he paid for as part of the application process. Is it legal for me to send a copy back to...
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Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...
Bruce Tieu
Design and furnish strategy for non conforming duplex
Hi guys,I just closed on my second property. It’s a split level house with 2 / 1 on each level, both about 900sqft. There’s a separate kitchen and living space on each level, acting as a non-conforming up/down duplex....
Mary Jay
Buying a property with tenants
Hey guys,so I am buying a property that has tenants in it.What do you do when you buys a property that has tenants in it?Do you make them sign your lease? Do you make them sign (epostile/epostilary) forgot the name of...