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Lately, several potential tenants whose income didn't meet the 1/3 guideline (monthly income should be 3 times the rent) have offered to have a co-signer. The idea gives me the willies, and so far I've declined to go ...
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I have a 3 bedroom property in Philadelphia which I have successfully rented for the past 3 years. My first group of tenants were 3 grad students who all had co-signers and they were perfect tenants. My second rente...
Hello,I am scaling my rental business and have previously not accepted any co-signers or guarantors simply because I didn't have enough units to fill and so I could afford to be more picky. However, as I have acquired...
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Does anyone have any lease content for a co-signer, or should I contact my attorney? I have a potential tenant, but her last rental experience was not a good one. She had a roommate, so it's a "she said, she did" kind...
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I have rental applications from 3 college students to rent a condo I own. They are going to need a co-signer(s) and I am wondering what the generally accepted practice is for credit/background checks and co-signers? ...
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My husband and I will be renting to two college kids who, do to their age, do not have a credit background and (since they have retail college jobs) make $50 less than 3x the rent (net income). The mother who attended...
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Hi Everyone!I will be cosigning a refi for my parents in California, my question is the following.Once they sell their property am I still responsible to report on my taxes and possibly pay taxes on it? I'm not gonna ...
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I have a renter that needs to have a co-signer or guarantor. Does anyone know what paper work the co-signer or guarantor needs to fill out after I completed a background check on them? Do I have them sign the lease? o...
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I have to do an eviction on a non rent paying tenant who has a co signer. The co signer signed a co signer agreement, via fax, and did not sign the original lease. Do I need to include the co signer in the UD paperw...
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I have an applicant who requires a cosigner, so they had a parent submitted all of the paperwork for review. The credit report came back and they did not meet the minimum requirements. Now they would like to use the...