Ankur Agarwal
Tenant credit quality
Hi members,
I am in the process of renting my 4 bedroom SFH which I have priced towards the middle of the rent spectrum in the area (~$1850). I have got lot of prospects that are intersted but to my surprise all of t...
Dave Bopp
Thoughts on Perspective Tenant?
Hey All! Was hoping to get some feedback on a perspective tenant. I am in the process of screening someone who is relocating to the area from out of state for a management position with a local company. His income (wh...
Jt Franklin
Looking for advice to buying an apartment *Investment opportunity*
While I know this is my first post.. I am mainly a lurker, I like to get all information I can.
Here is the scenario, I have an opportunity to buy an apartment complex for 18,000 dollars and it needs to be fixed up,...
Brian Griffith
Newbie and soon to be college grad, Chicago
I am a rising senior accounting major at the University of Notre Dame. I came across BP a few years ago when looking for some podcasts to listen too. Since then I have enjoyed listening to the BP Real Estate Podcast a...
Therese V.
Need help evalutating a potential tenant with a few issues.
I am looking at a potential tenant that has a solid job with the local school system. This tenant was in an abusive relationship and left and that caused an eviction proceeding when the partner stopped paying rent (co...
James W.
Getting sued by tenant for fall on my commercial property
I own a commercial property in a LLC and back in 2014, I did some renovations on the building. During the renovation, one of my tenants claims she tripped and broke her hip on some loose gravel that was displaced by ...
Jeremey Allen
Paying Off Old Debt, or Let it Fall Off Credit Report?
About 6 years ago I got sick and lost my job, and had to quit school. In this time, I racked up a lot of debt which I was not able to pay off. These debts are about to fall off of my credit report.My question is, shou...
Jim S.
LLC, Inc, or what for tax advantage
I have 3 duplexes and work a regular job. I plan on retiring form my regular job in a year or two and keep the duplexes. Is there a tax advantage to having an LLC or Incorporate or whatever?
Carlos Romano
Potential tenant with a recent late payment
Hey All,
Without going into too much detail about a potential tenant, i'm wondering how to evaluate the reaseon a recent (July 2023) late payment for an applicant.
The combined applicants (2 adults) have 4.7x rent...
Jeff B.
Using those Credit Reports
Key areas to review when you screen a renter:Credit reportCredit scoreEviction historyCriminal background checkLandlord referenceEmployment verificationBut, what if the tenant has no credit at all?You need to have an ...