I have a situation where a prospective tenant applied for one of my rental properties using the TAR(Texas) 'Residential Lease Application' form. I processed the application without collecting any fees upfront, I paid ...
Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...
hi guys! I'm thinking of putting in an offer on this at 302k flat (no credits). the main house is 800 sqft and adu is 376 sqft that rents for $900/month LTR. please let me know what you think of this price. this wou...
Are you suppose to send a letter after you have reviewed an application and you find that the applicant isn't suited for a rental? If so I'm wondering about what things are acceptable to deny an applicant. Obvious rea...
Hi all ,
I have this place in Arlington Texas . A girl want to apply .
She seems very nice . Work at restaurant
Make about 2300 to 2400 per month .
Only want to stay for one year .
However here is th catch, her ...
Hello I’m Tyquan I’m new to the website and the real estate world, I just have a quick question is it possible to get a hard money loan for a rental tri/duplex with no personal/business credit?
Hello, I've just ran my first couple of credit reports in trying to find a tenant. I'm starting to realize how hard it is to find an ideal tenant on paper. Most people have had recent bankrupcies or delinquent accou...
Hi there,
I'm am brand new to the BiggerPockets site and love all the information here! Thank you so much! I have a few questions regarding tenant screenings...
1) Does anyone have suggestions on screening for "good...
Does anyone have a positive history of leasing to a prospective prospect that doesn't have a social security number? If so, what are safe guards to put in place?
Hi All,
Trying to get started with acquiring my first rental property, but am being challenged by lenders. Called one major bank and a small regional bank -- both won't prequal me bc I have a short sale from 2/11. Do...