I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least.  I have it narrowed down to three but am in...

What percentage should I give my business partner if he is only used for credit purposes. He brings no cash or labor to the table. I'm not sure how to structure our partnership but I know he doesn't bring 50% value to...

I have a couple applicants who have collections on their report. Would this be means of denying their application?

Does anyone actually use purchase options/tenant buyers/seller financing or any combination of creative financing in today's marketplace? I have read about all of these, but the books were written during the height o...

Our rental listing in Woodbridge, VA has alot of interest and some people that are very excited about the property, but we already know, without digging into their background, that we are not going to choose them as t...

I am looking at doing my first lease option.I own a small property management company. I manage 2 storage facilities and just over 110 rental units. I know that I have to abide by fair housing laws when it comes to th...

Hi all! I'm enjoying all the great information on BP! I was hoping that some of you can help me out with a question. My partner and I are interested in doing some sandwich lease options. We are trying to get all th...

I'm a licensed broker in Alexandria just venturing into the rent-to-own arena, an option I feel is underutilized but would be popular in my area.  I'm wondering if someone would be kind enough to share their Bond for ...

Ive flipped the switch and ready to take off.  My credit score is 548.  How do I get past the Credit Score Monster?Tracy in Austell GA

Wondering if anyone has been in this situation and can shed some light on this scenario:
Term is 2 years.
The upfront amount for the option contract is $10,000.
Monthly rent is $3000 which is about $300 above fair ...