Braxton Boone
What's a great way to start building credit?
I'm reading Buying and Managing residential real estate by Andrew J McLean and almost right off the bat he says the first step for newbies is to build credit. I would love any type of advice, just so I don't end up si...
Joe Nguyen
First time screening tenants
Hello folks,I'm renting out one of my properties for the first time. After a few applications I've finally narrowed down to one applicant (with his gf). Besides the information Zillow provides (emerging credit score i...
Brian Hepler
Can landlords report to credit agencies? if so, how?
I have one rent house and my tenant has never been late in the 3 years they've been there. I was wanting to report the payment history to help them build credit. Is it possible? If so, how would I go about doing this...
Don Draper
Is it faster to improve your personal credit score or your LLcs.
I was hoping to get some insight on improving credit scores. I was under the impression that a bank or lending institution would pull a LLCs. members personal credit if that member controlled more than 25% of the enti...
Matt R.
mysmartmove recommends accept - credit score 550
hey bpers, just curious on your expectations as compared.
Mysmartmove recommends accept without conditions for $800 a month.
Lets assume the rest checks out, job, previous landlord etc.
Is this ac...
Matt Ward
Securing Guarantor with 50k/m Profits and No Credit
Hi guys, looking at several MF properties and in a pickle. Business is bringing in 40-60k profit a month and looking to invest but lack credit history for conventional commercial lending.Paid for college out of pocket...
William Lu
How to Assess Personal Financials?
Hi BP,Getting more interested into REI, I would like to assess my personal financials.On top of my head, some main factors are income, debt, FICO, and rental fees.I feel that there is much more to consider. What infor...
SharonElizabeth Hanany
Can I still get financing if I have discharged bk 11/2014?
I have a discharged bankruptcy from 11/2014. Can I still get financing for a multiunit property without a huge down payment? Credit is coming back fine. Any other suggestions to get financing with this issue? Thank you.
Mauricio Quintana
Class C property, what income/rent ratio do you require?
Landlords of class C properties,This is my first venture into rentals. I'm just curious as to what parameters you use to determine a good renter? Do you do any sort of ratio where you look for 3x (or whatever that m...
Bienes Raices
Would you rent to these people?
They are both college students who also work.
Person A is 20 years old, has a FICO score in low 600s, no rental history, has been at retail job for six months.
Person B: I haven't run his application yet but he see...