Deborah Burian
Due Diligence - it's all true
Everything I've read here in the last month about due diligence on a multi-unit. It's all true. The maintenance is worse than reported, the utilities are more than reported. The vacancies are twice what was reporte...
Mark Miller
What tenant/other information do I require after PMA termination?
Hello all,
This is a follow up post to my previous post regarding the documents/items that I need to get from the PMC to self-manage the property (a SFH where a family currently resides there and will continue to do ...
Rebecca Schneider
using IRA money to invest in LLC
anyone have any good experiences with the financial companies who are offering to let you use your IRA funds to invest in a LLC that gets created for the purpose of purchasing real estate. I see a lot of options adve...
Sam Kahl
Checklist for Buying Tenant Occupied Properties
Hi everyone,
I'm working on a blog for What To Ask For When Buying A Tenant Occupied Property and here is the list I have so far. Am I missing anything?
Ask to see a copy of the lease and look for the length of leas...
Ruchit Patel
Ruchit Patel - Passionate REI Enthusiast Seeking Networking and Knowledge
Greetings, fellow forum members! I'm delighted to join this community and share a bit about myself. My name is Ruchit Patel, and I currently reside in Atlanta, Georgia. I'm a Senior financial and reporting analyst.
I...
Joshua D.
Accept/Decline Tenant? BP SmartMoves vs. Intuition?
So, I recently ran a background/credit check on an interested tenant. BP Smartmoves recommends to decline this tenant, but on their payment history, they've literally never missed one payment. However, their partner's...
Albert Johnson
How deeply do you look at credit risk?
Hi, I have an upcoming unit that will be available. My current tenant is saying her son wants to rent one of my units to be closer with their kids. The current tenant says their son's credit score is really low becaus...
Rene Hosman
Have you tried tools that report your tenants rent to credit bureaus?
I've seen some options recently for credit reporting for your tenants rent payments. Is this something you've ever done as an individual landlord, or is this something more for larger multi-family properties only? One...
Lauren Hulsman
Can you ask for financial obligations on application?
My husband and I are renting our townhouse for the first time and are really struggling picking the right tenant - we've had a lot of interest. We have it narrowed down to 3-4 people, who all seem like great fits. One...
David G. Barton
Good to know info about the market
*The economy gained 431K jobs in March, close to the 475K that had been expected. The Unemployment Rate fell from 3.8% to 3.6%, the lowest level since early 2020.*Incomes are rising, which is always good for real esta...