Zehua Zhou
Does standard non-recourse Freddie Mac Commercial loan work for IRA accounts?
I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
Curtis Mears
Question regarding Criminal Background Check
I have potential tenants whose background check resulted in 4 criminal/traffic records. I talked to them regarding the records and they said they are traffic tickets. The exact wording on the report is Activity Type:...
Tyler Harvey
How soon should I be putting my new condo up for rent
BP need some advice. I just went under contract on my first apartment. How soon after going under contract can I begin listing it for rent? Also do I need to get a professional photographer to come out and take photos...
Mark Forest
Criminal record
A credit check has revealed that a prospective tenant has a criminal background of assault on police officer, destruction of police property, and obstruction from five years ago. I am thinking we need to reject he...
Jennifer Baldassari
"Input SSN is not likely issued prior to June 2011."
We are placing our first tenant and used Avail.co to run the criminal, credit, etc checks. Everything on this prospect's reports came back super positive. The only questionable item is under the Credit Report there ...
Crystal Smith
Illinois House Judiciary Criminal Commitee
Just received an email today about a new law SB1547 which endorses the policy of imposing penalties on landlords for criminal conduct of tenants. The bill is being sold to legislators by its sponsors as a protection...
Cassidy Burns
Multifamily Properties Unit Break Ins- Whose responsibility?
Hi BP,
Looking for a little advise on how to answer tenants regarding break ins in both cars and units on the property.
We just acquired this property 3 weeks ago and had our first break in last night. We have ...
Marcus Gaethke
Tenant violating lease but pays rent on time (Kenosha, WI)
Hello all - Thanks in advance,I have a tenant that moved in in September and I made the rookie mistake of looking past some red flags that occurred right before move in (I know, foolish). Now this tenant is allowing ...
Marisssa Garcia
Tenant manufacturing drugs
I have a SFR rental managed by a PM. I got a call from detective that they searched the prop on suspicion of drugs being manufactured there. They asked if I knew whereabouts of tenants. I referred the detective to ...
Caroline Hedin
Rental Advertisement Advice - Tacoma
A year later and we're finally ready to rent. I'd love feedback from anyone in Washington State (in particular the Tacoma area) on our advertisement. We've done quite a bit of research and seem to be within the law....