Hello! I am only 18 years old and looking to buy an inexpensive three bedroom house in Bend, Oregon. I already have two tenants that could cover the mortgage and I have money saved up for a down payment. The problem i...
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
Recently over 165 lawsuits were filed in Chicago against small landlords who declined Section 8 tenants. These are being issued by local "nonprofits" who are mass emailing landlords pretending to be section 8 tenants....
Hi All,
I'm down to 2 prospective tenants for my first rental and was
wondering if anyone had any experiences with co-signers? One prospective
tenant has a decent income and is keeping under the "30% of your inco...
I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...
My father will be renting out a duplex in the next month and I want to make sure he does a background check to screen tenants. I'm looking for recommendations of companies that do trust worthy background checks. Also,...
I have had a number of people look at a current rental and the ones that apply have been rejected so far. They are really borderline candidates, not terrible but with a couple of items put together smoker no rental...
It was slow in February and March finding a tenant for another rental, though I ended up with 5 qualified applicants and filled it before I had any vacancy. Now I have another house vacant for 3 months and almost no ...
my debt to ratio is a problem with all banks.. anyone know how to go about purchase a single family other than family friends and banks? as ive been rejected because of debts being to high and income cant cover.if i...