Robert Johnson II
Adding New Property on Market during Eviction Ban
I'm interested to hear what additional steps, if any, people are taking to mitigate risk while putting a rental home on the market during the eviction ban. I currently have one on the market in Dallas County Texas. My...
Wes L.
Self-Employed Rejected on Cash-Out Refi to finance rehab
I'm looking for other financing options to tap home equity. We were rejected on a conventional cash out note (with our current lender we've had for 10 yrs) for not having enough net income, due to our being self-empl...
Victor Yap
Tenant Screening for Student with Visa
Hello BP, I could use some ideas or input on how to screen a tenant who is here on a visa. My tenant screening process is the following.They fill out a rent application. I review their info, verify employer, income an...
Eric Wehrman
Security deposit in Texas
I have a tenant that has bad credit is it legal to require additional security deposit in Texas
Rhondalette W.
Eviction on record from 7 years ago (2008) do you rent to them?
Trying to find our first tenants. We have found a couple that we like, however the husband has an eviction from an apartment in 2008. I have heard some say that if a person has ANY evictions they would not rent to the...
Clark Coffey
Ideas to better filter potential tenants needed!
Hello all, I'm so grateful I found this forum and I appreciate everyone's advice. You've all been so helpful so far.
It seems no matter how much I reiterate my application criteria in my ads and in my communications ...
Victoria S.
Questionable tenant application
We just bought a duplex. One side came with a long term tenant. The other side is vacant. We just had a 60 y/o retired applicant, her son (in his 30s) and grandson apply. The income is 3x the rent. however the retiree...
Brad T.
To Charge an Application Fee or Not
What are everyone's thoughts on whether to charge an application fee for rental houses? Do you collect a bunch of applications and only run the background and credit check on your top candidate with you paying the bi...
Alessandra C.
Written Rental policy detailing guidelines on Sreening /Application-no criminal history
I am trying to create good policies for Screening Applicants - NO CRIMINAL HISTORY- may be too strict- It is hard to decide and I would like hear what is your experience or input:1) speed tickets- how many infracti...
Alyssa Paros
Can You Decline a person from Their Questionnaire Answers?
We've just started showing our first unit. It's non smoking, minimum income of 3 times the rent, basically all stipulations listed in Brandon & Heather's management book.We had a prospective tenant ask to bring he...