Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Hello BP- i am closing on my first two family in Monmouth County,NJ tomorrow. What is the best way to screen tenants for credit, income verification, etc..? Is there a website that you recommend or another way? Thanks...
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...
Just out of curiosity, have any of you changed your requirements for new applicants?
I have heard that some landlords/property owners have been changing their requirements. The general feeling is that they need to ma...
I live in Washington State which is very tenant friendly. I have read and used The Book on Managing Rental Properties as a reference and have always approached the Section 8 question from potential tenants with "inco...
Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
Gov. Cuomo is trying to outlaw income discrimination for housing. The bill he is introducing in NY will disallow any discrimination based on a resident's source of income (i.e. Section 8, non-wage income sources). Thi...
Hello, I am new to Real Estate investing and eager to learn much as I can about real estate investing. To be honest i am not sure where to start the journey so I thought it would be best to rent out my spare bedrooms...
Wow - Clark County NV has made source of income a protected class. According to the FAQ they provided, property owners are not allowed to say "two years of steady emplyment required". How will property owners handle...