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Hi BP! It's our very first time screening tenants and have a question. We're running into a lot of applicants where they have older parent(s) that live with them, some who still work, some don't. Our current requireme...
We own 2 duplexes and have been landlords since 2009. We are just completing a major renovation of our second duplex, which we picked up at auction in the fall. We have executed leases and secured deposits on one of...
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Was using a Allied National Debt Collection for owed rent on evicted tenants. This company has an A+ BBB rating. This is when consumer reviews are better than a BBB rating. The company never contacted me personally...
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Good Morning BP Nation,
I have an interesting situation and I’m hoping it’s simply an odd coincidence and turns out to be no issue at all, but I am starting to get concerned.
Over the years, I’ve posted several tax...
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Hi Everyone, My wife and I will move from Italy to Pittsburgh in May and we are looking for a house to rent. I'm Italian, she is from the US.We noticed that all the rent applications require to provide the SSN. Is it ...
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Trying to find out what the law(s) are regarding application fees?
So far we've been doing $20/adult with a max of $40 for a application fee for bagkround checks and whatnot. Usually only someone who was willi...
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I have a tenant that is going to move out in about three months and I just started advertising the vacancy. How does everyone conduct their credit and background checks on potential renters?
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I’m interested to know what everyone’s underwriting criteria is…Cash on cashIRRDSCRExpense ratio1% Rule2% Rule50% RuleEtc.Basically how do you want to write a potential multi family investment property?I’m aware there...
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Hi,
I have been offered a deal in Philadelphia. This property stil needs to be rehabbed by the person who is offering me the deal. I would like to know if I can get an independent appraisal for the ARV from ...
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I've had good success flipping 2-3 properties a year to supplement my income. I'm ready to start creating some passive income with rental properties. I can buy 2 identical 3 units that are side by side, all 2 bed 1 ...