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Me and my wife are looking to buy our first investment property, before our lease is due in four months where we currently rent. We have a down payment ready to go. However our credit is poor, and I have been working ...
Hello fellow investors! I am curious if anyone has been a part of an investment group/partnership of which you/they have been able to recover the investment. A few years ago I was captivated by an individual that demo...
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Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....
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Knowing what you know now as opposed to when you first started off…
What are your best practices for screening for tenants that you found work best for you as you scale to many units?
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My first property is currently in escrow. I am in the process of writing up applications and agreements. What kind of documentation do you require for your rental agreements?IE proof of citizenship or legal residency,...
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Hello all! Do you count social security and disability as income to calculate 3X gross of the rent? Seems like it would be a constant and reliable monthly source of income, but I have never come across this.
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Hey guys,Just wondering if anyone knows how to verify income for a tenant applicant that is older and says their only source of income is social security and VA benefits. Do you just take their workd for it or reques...
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What’s everything I would need to get pre-approved for a conventional mortgage?
Hi folks,
When I check one applicant through mysmartmove.com. It shows SSN mismatch. The credit score is over 800 and no other problems.The system suggests that I accept.
Should I consider accept or decline?
Thank...
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Hi BP,I just had a new tenant apply for one of my rental properties. Older gentleman, very nice guy and checks all the boxes that he would be a great tenant, BUT.... I have no way of verifying his income. He is coll...