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I have a property in California I've owned for 3 years currently in the sale process and looking to net around 120k after closing costs. I am younger and a carpenter by trade looking to get into BRRRR'ing out of state...
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Hello BP community. My first post here and very excited. Any informational help will be appreciated. Long story short. My first house with FHA bought in 2016 which is a 3 unit multifamily. And the 2nd house with %5 do...
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I asked my PM to provide actual credit scores instead of just the credit history. I have a hard time deciphering various delinquent accounts etc.. and just want a Credit Score to evaluate a tenant.The PM reply is bel...
Instead of listing a credit score of 600, could you say the requirement in the application is that "Good" credit is needed? It seems like this would give you some wiggle room for denying prospective tenants.
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I recently attended a real estate education workshop, and I have decided to be an investor. I feel like I should exhaust all my resources before I pay a huge sum of money for real estate education. I know it is not g...
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Should I listen to Dave Ramsey's rule and not build my credit up. I want to start investing into Real Estate at a young age, Im only 20 right now and don't know if I should start to build my credit up. Dave Ramsey say...
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We have potential tenants that seem like a great fit other than the credit score is just below our requirement of 600. Is there a good way to make up for this? Conditional lease? Increase deposit requirement?
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This has been discussed previously on Bigger Pockets and online, but answers are unclear (the online blog entries conflict wildly, see below for a couple of examples). I'm trying to get a handle on how much a high ut...
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For all the landlords out there, do you have a sheet or list of requirements for tenants, like a set thing like the 3x income and set credit score amounts and anything else similar that you would be willing to share w...
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I have a duplex with a high-end two bedroom unit and while it is priced accordingly I want to be very selective on my potential tenant pool. Has anyone ever listed a minimum credit score on their rental application an...