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Everyone says how important screening tenants is. Experts, what grade of property do you rent, and what are your tenant standards?Income 3x rent?A certain credit score?Evictions/evictions filed?Criminal history?Bankru...
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Won't my tenants' renters insurance company just go after me/my insurance?Example: Tenant experiences a loss due to some house issue. Let's say that a pipe bursts and destroys their laptop. Or they trip and fall becau...
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Rule #1 for being a successful wholesaler is to bring value to the transaction. Typically this value is the value we (no, I don't have a mouse in my pocket; I'm speaking collectively for all wholesalers) bring to the ...
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Hi Everyone, I'm a landlord and recently wanted to pull some cash in order to do remodeling. The problem is banks are not lending at the moment and LTVs are limited.Do you think it's a good idea to get a credit line b...
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Greetings,
I am a home owner of a condominium with an association. I was recently billed over $20,000 for something that happened 3 years ago.
What happened was some of the houses had some storm damage (the gutters)...
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Curious how much others weigh credit history when it comes to your screening process? I recently pulled my own report using SmartMove and there were several inconsistencies when it came to the number of credit lines a...
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I am renting out my unfurnished 2BR / 2 BA townhouse for $2k/month. Security deposit is $3,500 + first and last month's rent are the move-in costs, bringing it to $7,500. Right now I got 2 prospective tenants, both wo...
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Hey guys. I have stumbled upon a pre probate property. The father died (mother already passed) and there are two sons that will inherit the property. No will. They want to sell me the property asap due to the fath...
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I could use some advice on a potential tenant for our rental unit. I am going back and forth on whether or not to lease to them. A couple came to look through the unit and wanted to submit the applications to lease it...
Hello,This is my first post here, usually I just lurk so I can learn, but I am renting my first house, and I have an applicant that I am unsure of.The applicants job checked out (pay stubs and contacted employer), onl...