Tim Brown
Tenant selection (picking the correct tenant for the house)
I have a SFH that I am helping my partents rent out. We have each potential appilcant fill out a general application ( contact info, work history, previous landlords, number of teants, and number and type of pets).I...
Raz V.
Contract for Deed and New HUD Rules.
Has anyone figured out what finally went down with the new HUD rules and Rent to Own?
Are we supposed to be licensed now? And if so, licensed in every state where we do business in?
Brian Volland
Tenant Qualification Scorecard
tl;dr Soon to be newbie self managing. I'm scared to death of lawfully having to choose a borderline acceptable tenant over a highly qualified one. Made a scorecard to pick most qualified; pick it apart.So as I start ...
Account Closed
SUB2/WRAP DEALS = GOING TO PRISON!!? :(
Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages. I am wanting to utilize this as a way to invest and add to my portfolio. So I was talking with an attorney and he mentioned equity skimming laws ...
David Jiang
Rental applicant wants a copy of my driver's license?
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
Cody Evans
Wholesaling: Out Of State
Hi BP,My market is apparently very tough to get started in. I haven't really made too many attempts yet so I am going to give it a few more months but what would your opinion be on cold calling or facebooking people a...
Janne Zaccagnino
TENANT SCREENING
I am new to investing and am building new rental houses. The new units are about 1700 sq ft with one and two garages and have 3-4 bedrooms, 2 baths and will rent for about $1300 - $1400 per month. I'd like to know ev...
Christopher Vaughn
Sending Unsolicited Offers to Get Properties Under Contract
Hello fellow BP Members,I'm a wholesaler in the Seattle area and focus primarily on homes that are in foreclosure. I'm curious if anyone uses the tactic of sending direct mail that is in the form of unsolicited offers...
Matt Blutowski
First deal and tenant is a drug dealer!
Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.
I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...