Jennifer Jackson
Potential tenant has bad credit and a DWI
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
Grant Griffiths
Rentals for lower credit scores
Hello all,I am selling a client's home that have around 500 credit score from a Bankruptcy last year. We are searching for rentals/rent to own properties and aren't having much luck. Private landlords seem to be more ...
Shera Gregory
Rent deposit for house owned in my SDIRA
I have a checkbook control Roth IRA in which I recently purchased a small single family home for long term rentals. For my non-IRA rentals I have a separate savings account to hold all the rental deposits since yo...
Jeff Tumbarello
A look at 4 banks, "All is well"
I spent some time going thru the financials. I wish I had not.
Citigroup
http://www.quote.com/us/stocks/financials.acti...
Curt Smith
SD_IRA custodian that allows check scanning for deposit? Had it with Equity Trust
Let me lead with: we have had it with Equity Trust!! We've got about 12 rentals in our IRA and do 4-6 buys per year and of course deposit all those expenses and rent checks every month.We will move to a different cu...
Bienes Raices
Do your applicants have trouble coming up with the move in monies?
I'm asking $995 first month's rent, + $795 security deposit, so total about $1800 to move in. I don't know if most tenants have this much cash available at once, and if I'm being reasonable (I did already make the dep...
Cory Baker
Wholesaling: How do you deal with Non-refundable Deposits?
Seeking Information:Some of the other wholesalers have a $3500 non refundable deposit to contract with them.Is there a simple work around to this?I think I saw where someone put down a $10 deposit and a clause that th...
Mike Oconnell
Double deposit vs pre-paid rent if rental qualifications are not met
If a rental applicant falls a little short of our qualification standard of 3x income or favorable credit, we sometimes offer an option for the tenant to pay a double security deposit or pay 2 or 3 month's rent in adv...
Elizaveta Dolzhenko
Potential tenant cannot pay deposit in full
Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...
John Matthew Johnston
Normal wear and tear???
Hello Bigger Pockets! I am experiencing my first vacancy and wanted to ask a question concerning the security deposit. The tenant really did a number on the place and I want to make sure I’m in my legal rights to keep...