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Is a minimum 650 credit score too much to ask for a rental? The property is renting for $1050 in a working class neighborhood.
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I'm getting ready to rent my first unit in the duplex I just bought. I can't decide what to charge for the security deposit and whether or not to ask for the last month's rent up front. I don't want to scare people aw...
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I'm new to investing and want to buy a house to rent out. I have excellent credit (over 780), no debt, I was pre-approved for VHDA loan with 3.5% down since this would be my first home. My loan officer keeps telling ...
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Hi everyone!
Just wanted some opinions on my current situation. I have a multi -unit home just outside of Boston ( SUPER TENANT FRIENDLY STATE). I live pretty close to the home and thought hey, I can handle this hous...
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Hey guys so I am wondering how submitting offers works. I know that I will get lots of offers turned down because they are of course lowballs, But if I find a property and make an offer should I have seen it first? I ...
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Hi everyone,I've been negotiating with a bank on an REO. I came in low and I'm holding pretty firm on my offer. I gave them my best offer with $500 deposit, and they countered higher with a $2500 deposit. I came ba...
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I have a property that has been on the market for a while. I finally found someone interested however she is worried about her kids allergies with the existing carpet (used upstairs only, downstairs is all wood or til...
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Hi, we are about to sign our first tenants! They won't move in until the end of January. How do we handle this interim period? Do we get a deposit to keep the property vacant and stop showing it? Is there a stand...
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I've heard of people tying up properties with a payment of approximately $10. Can anyone here enlighten me on this? Thank-you in advance.
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Hello All,
I am looking into purchasing my first investment property in a C+ / B- neighborhood in Richmond, VA. In addition to checking income, employment verification, criminal background and the tenant’s rental hi...