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I am considering renting to a couple who have a very recent bankruptcy on their record. Their adult child asked if they could be on the lease and they would be responsible to pay the rent. The parents would be the oc...
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Looking for some insight from the BP community. What specific credit score, if any, do you require when screening tenants? And are you no longer using a specific credit score in light of concerns with Fair Housing, ...
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I have several open units in lower-income areas. There is a good deal of interest in these units. I've passed out several applications and even collected application fees, but it seems that the email exchange proce...
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Anybody have any experience in this area. I'd really like to find more information on this. Please reach out to me.
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What do you guys think?The rent is 2.7kThe tenant (him and his wife) make 200K per year, bad credit b/c some credit card bills and medical bills are in collection.Lives with his relatives now (I assume not paying ren...
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Hi I closed on a house in mid December and was trying to rent the place out by Jan. 1st. It's 12/27 and all the work needed is done and it's move in ready. I have had multiple showings but have found no suitable...
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Looking for feedback on this investment vehicle for out of state investing?
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Hi all! Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home. In November I submitted my shared-housing application to Chicago’s BACP, with the hop...
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Female tenant living alone. I gave her a notice because she had her boyfriend staying there when she was not home. I told her I could add him to the lease if he passed a background check. He did not pass. Now, do I tr...
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Hello. I am working on getting into large multifamily investing and I was told that I need to make a bio. Since I am still in the early stages of investing, i am not sure what goes into the bio. Does anyone have recom...