Lin Yin
Cash out from down-payment and continue buying?
Guys,I am new to real estate and to this forum as well. I am in the Boston area. So I plan toget together more than 500k, put down 20-25% on 300k properties and buy 6-7 of them and rent them out.My question is, is the...
Sunny Hande
Tenant approved, lease is not signed yet, can we back out ?
Hi All,This is my first post. We moved to a new house and are planning on renting our current house. We have a property manager who gave application to 2 parties out of which the 1st party didn't meet the criteria bu...
Charlie Moore
6 kids and one adult want to move into my new unit
I know you can’t technically discriminate against kids but GEEZ. What would you guys do? She’s qualified in all aspects.. just the total of 7 in a 4 bedroom makes me sick to my stomach
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...
Spencer Manning
Section 8 (HCV): Do government funds ever run out? And other questions.
Hi everybody! I have been listening to all the BP podcasts I can find on section 8 housing vouchers. They all talk about the pros of section 8 but not many get into the cons. I talked to a woman on the voucher waiting...
Chad Wales
Large family, small rental
Hello,I have a rental in Chicago that is 1400sq/ft, 3 bedroom and 1 bathroom. I have had a family of 7 (6 adults and 1 child) submit an application. To me, it seems as if they would be uncomfortable living in such sma...
Lena S.
Do you charge extra for additional people in your apartment?
So, we are in looking for new tenants and receiving many calls and interest about our apartment. Our perfect scenario would be family with kids, we are going to rent 2 bedroom and 1 bath 900 square feet for $1,100. Sh...
Cody Barrett
Milwaukee Wisconsin application fee clarification...
Hello BPIn Wisconsin the law explains that if a landlord charges an applicant a fee to check their credit then it cannot be more than 20 dollars. I will be putting out applications for the first time next week... So ...
Franklin McGuire
Screening my first-ever tenant applicant! Advice?
Hi everyone, I'm still a newbie to the forums and to REI in general, and this week I'm screening my first-ever applicants for an open bedroom in a house I've just started to manage for a family member. (I don't have t...
Amie D.
How long do you keep these documents - ?
How long do you keep leasing documents, and how long do you keep rental applications from both accepted tenants and denied?
I thought I read the denied applications depends on your state, if that is true, what is th...