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Results (10000)
Rebecca Coxson How to deny applicant due to low income
2 September 2023 | 24 replies

We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...

Marc Belisle Advertising a rental property
7 May 2018 | 12 replies

Hello fellow landlords. I would like to know how you make it known when advertising or screening tenants that the applicants must make three times the rent in monthly income. From reading over this site I have noticed...

Robert Musallam Analyze My Seller Finance Bay Area Deal
5 July 2016 | 5 replies

Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...

Rachel Pivonka Potential Tenant Question
28 July 2016 | 14 replies

Help! First time investors here! We are in the process of renting our first property in Knoxville TN. We have a law school student starting her first semester that has filled out an application and we have checked her...

John Allen QuickBooks Self employed?
14 February 2019 | 11 replies

I'm looking for an app that can handle my real estate investment accounting.

I've done the trial for quickbooks self employed and loved it. But I didn't see an option to customize into specific properties. When I tr...

Michael Hammond Solo 401K for LLC and S-Corp
30 November 2015 | 8 replies

All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping.  I have had an LLC and recently set up an S-Corp to start doing rehabs.  I like the control features of the Solo ...

Jeremy Burnheimer Seeking Advice on Career Change to Real Estate
12 December 2023 | 9 replies

Hi BP community,
I'm at a crossroads in my career and could use some guidance. I've been working in the medical cannabis industry for 3 years, and while its a well-paying salaried position, I recently discovered work...

James H. The Work Number
1 May 2016 | 18 replies

Has anyone had good/bad experiences using "The Work Number" for employee verification?  We usually ask for pay stubs and do not formally verify employment.  But, we have a perspective tenant whose income we would like...

Erin Murphy DSCR for first time homebuyer?
2 May 2024 | 15 replies

I’ve heard a few lenders say they can’t help a first time homebuyer with DSCR. I’m a first time homebuyer looking to purchase a single family rental property in NJ. I’m self-employed, so most likely won’t be approved ...

Tariq Hakeem Investors targeting Denver as a ‘rising star city to park capital
28 April 2021 | 8 replies

Buoyed by strong employment and population growth over the past decade, Denver is among a handful of non-coastal U.S. cities that rank as the most attractive destinations for investors, according to a recent report pu...