What financial qualifications do you consider when evaluating a tenant? Minimum credit score? Income multiplier (compared to monthly rent)? Debt:Income ratio? Other?
Uh, yeah. -eyeroll-I’m a new landlord BUT I also wasn’t born yesterday. Got this response from Jon to my Craigslist ad, the first vacancy I’m working to fill:“Hey I am interested in the place I have no rental history ...
When Should I Invest In Real Estate?
In my opinion, now is the best time. Unlike the stock market, home investment is much less volatile since home equity will rise and likely never fall. Of course, there are steps...
What tenant screening sites has everyone had luck with? I'm looking for a new service and was leaning towards myrental.com, has anyone had experience with them? Thanks in advance for the help.
I am under contract with the HUD house. In the HUD inspection report it said plumbing system and sewer system are tested with air compressor and would not hold 40 psi. I do online search they said normal range for hou...
Hi everyone,This is newbie question about property Inspections. Currently, I am out of state so it is not possible for me to visit the properties and I need to trust the property inspectors.Few weeks ago, I was planni...
Notice to Readers:"Emerging Trends in Real Estate® is a trends and forecast publication now in its 37th edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry. Eme...
Biggerpocket folks, Need helpI am new to investing and for that reason wanted to start with Turnkey rentals. I am working with a turnkey provider in Dayton Ohio and recently got a inspection done (reports attached) on...
Surprise of surprises -- my wife has caught the REI bug by osmosis. She'll be able to do this full time, which is something I can't.
I'm setting her up with a marketing strategy (she'd better buy into it, I have a...
O.K. need BP help on another deal. I have a seller that owns a property free and clear, except the $4,500 Tax due, so free not clear. It is a 2/2 that he did a $30k renovation on 2 years ago. It's worth $63k accordin...