Patrick Allen
Security Deposits
Hey all,Soon to be landlord (to roommates not tenants, but I'm applying the same principles) trying to get all my ducks in a row for two December move-ins to the house I have under contract.I am to the process where I...
Charlie Moore
Should you change your application criteria based on the market?
If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
Vishal P.
Perspective Tenant with Prior Bankruptcy, Thoughts?
I have someone interested in an apartment that has low credit score (high 500s, I require 675) and verbally told me about a declared bankruptcy about 1-1.5yrs ago. She meets the income requirement and has been with th...
John Wright
Is Vermont a bad state to be a landlord?
Recently I have been considering investing in SFH or small multi-family properties in Vermont with the intent to generate a rental income stream. During my research, I have repeatedly had people spontaneously say thi...
Trace J.
Best Bank for Small Business Checking
I am looking for investor experiences on best banks to place my small business checking and accounts in Florida, particularly SWFL. I have a great credit union in MN, but transferring my business to Florida and looki...
Troy K.
Solo loan with joint bank account
Ok, my question is, my wife and I share a joint bank account. My wife's income is higher than mine, but, is mostly tips, pay for services, and other deposits like that. Her credit is not good either. my income is abou...
Josh Bauerle
Outsourcing Landlord Duties Without PM
I’m in the process of purchasing 13 total rental units to go with the two I already own. This is in rural OH and there are truly no good property management options. I’m trying to think of ideas to outsource several ...
Anthony Harris
Earnest Money Deposit Negotiation Tips
Hi All,I was wondering if anyone out there can offer advice or tips on how to get the sellers to agree to earnest money deposits of as low as $10 on wholesale deals? I've tried getting sellers to sign contracts and on...
Dan Bryant
HUD housing help (Milwaukee)
Hi everyone,I'm wondering if anyone has any information on buying and holding low income housing in the Milwaukee, WI area. I see good cash flow possibilities, but crime is on the rise in certain areas (south Milwauk...
Jill Keller
Security Deposit Amount
How much do people typically charge for a security deposit? Is 2 months reasonable? I live in Indiana. I used to typically do 1 month but I've had tenants try and not pay the last month so i want to cover my grounds i...