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My husband I and purchased our first rental at the end of May. We are wrapping up the renovation and are putting it on the market in the next week. What guidelines/qualifications do you use when considering tenants? i...
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Hello wonderful BP community, Spouse and I are looking to get started in the STR business. We are new to RE investing in general (so far our only RE holding is a passive LP interest in a RE fund). We are trying to fol...
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I've already made up my mind. I have 2 well qualified applicants. One is a 30-something couple with a baby. The other is a 53yr old woman who used to be an interior decorator. She brought pictures of the house she...
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Hello!
I'm a software engineer working on a tool that allows landlords to connect to the bank accounts of potential tenants to verify their income, employment, previous addresses, and their identity. I'm making a po...
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I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...
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We're currently coordinating the purchase of a $515k house in Boston to live in while we attend college.My wife just exited the military and is receiving $3,200 per month in disability and I exit the military next mon...
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Would like to ask some of the seasoned investors/landlords which are the best websites you use to conduct background checks for potential renters and why ... Thanks in advance! :)
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I am currently deployed out of the country and have been working diligently to find my first investment property (I had already planed to utilize deployment money for this very moment). I found an area, and propertie...
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I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
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Hey all,I just bought a new house in August, 2017. We moved in and remodeled the basement into a 2 bedroom unit. We added the 2 rooms, a bathroom and a kitchenette with brand new everything down there. We also did qui...