Tina Opel
Negative Landlord Review
When screening a potential tenant are you allowed to tell them what their past landlords said about them? I am in the process of screening someone who ended up moving out of state 6 months into a lease for a job trans...
Byron Bohlsen
New Landlord application process help!
Hi folks!First showings today! 4 applicants applied. Looking for some advice on next steps! How do you do it? Is my proposed way good? I was thinking of reviewing all applications and putting in order of most qualifi...
Villy Ellinger
Projecting gross annual revenue for a vacation rental
I would love to get opinions/feedback from the forum.My take: In long-term rentals you are selling accommodations. So prior rental rates are a very valid projection of what the market can bear. In vacation rentals you...
Mark Hilgendorf
Duplex - questions for seller at closing
Good evening. We are buying a duplex, and we are closing tomorrow. I have had several questions for the seller. She has not been cooperative. For instance, I do not know if one or both of the tenants have moved out. I...
Ericka Parrott
Tenant Qualifications for SFH
Hi, I keep seeing questions on tenant qualifications. Here is a list, follow it and you shouldn't have any problems vetting your next tenant. I hope others will post their suggests.1. Only review completed applicatio...
Sandra Holt
First Commercial Deal
I have 4 residential rentals and have my first commercial property under contract. The commercial property is a suite of 8 offices that I’ll move my law office in to and I’ll have 2 offices to rent out. I start my 45 ...
Andy Bauman
Could this help you increase your on-time rent payments?
I was reviewing a document online here and it talks about how the newest version of the FICO score factors in rent payments into a person's credit history. From what I can see this new version of the FICO score was r...
Max Lichtenstein
House Hacking Cash flow
Hi BP community,
I found an apartment in MA, and It is a 2 Unit apartment. One of the units is vacant, it is one bedroom and I would be occupying this unit. The other unit is a 3 bedroom unit with tenants already o...
Raj Singh
Need advice - Purchasing First Investment Duplex
Good Afternoon BP Community,I am excited to purchase my first investment property (Duplex in Sacramento, CA) the duplex purchase price is $600,000 and there currently are tenants at the property. One tenant is month t...
Treza Edwards
Mandatory Inspections for rental properties
What are the mandatory inspections that an investor needs to get beofre purchasing a long term rental? I want to make sure I am doing my due diligence on each property.