Alec Barnes
How Do You Ensure Quality Tenants?
I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
Kiet N.
Income verification, how do you spot the fake pay stubs ?
I ran across some ads on Craigslist regarding "novelty documents" service which provides pay stubs.Have you seen any of these in from rental prospective applicants ? How do you spot them ? Thanks !!!
Xavier Maestas
First Mobile Home Purchase Questions
Hey everyone! So I'm looking to start my investing career with investing in mobile homes. I'm located in Utah and I'm just wondering what the steps are to buy/sell one. From what I've read, buying a mobile home is sim...
Shamim Toufighian
How to add LinkedIn under "connections"?
Under "What are Verified Accounts?" it states:That said, users with Verified accounts have done the following to earn the "Verified" badge:Connected a credit card and/or a cell phone to their account as well as connec...
Josh Kundrat
Home equity
Does anyone know if there are any home equity loan options for a student with basically no verifiable income?
GC Vaghasia
Can I purchase an LLC that owns the REO property? Any advice?
Hello BPers,I am a newbie and just venturing into the REO flipping business. Needless to say, I'm a bit nervous and can use some advice.I am purchasing my first REO property from a wholesaler. However, the wholesaler ...
Jim Adrian
immigrant screening process
I have an inquiry on my sfr rental from a young immigrant couple. They have itin number, been in the the states for 8 years and have paid taxes and will to provide tax returns. Claims they have no credit score becau...
Ray Hunsberger
So... How am I doing? (w/ my Property Analysis skills)
Just getting my feet under me here and have been spending 20-30 mins here and there analyzing multi-family properties in my local area. I was hoping to get some feedback to verify I'm understanding everything corr...
Avi Srimani
Advise requested
Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.
Last year shows as follows:
Rental Income : 20,000
Rental Expense 20,600
Depreciation 6000
Rental Loss 6000
Last three year the fi...
Tom R.
Just got my first applicant through turbo tenant
I'm trying to rent out my first investment property and I decided to go with turbo tenant to advertise and screen my tenants because it sounded easy. I had heard that they also do rent collections but it turns out the...