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Seem like a silly question but I'm renting out my first rental in the Bronx. For applicants with multiple adult occupants, do you take the combined income for everyone into your income criteria? For example if rent is...
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Im trying to execute my first commercial deal (currently own 23 residential doors) on a 6 unit apartment in Illinois. It's feeling near impossible to find funding as nearly all of the lenders I've called either requi...
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A friend of mine owns a home that is going into foreclosure. It would appear that when the last appraisal was done, a vacant parcel that she also owns was taken into consideration to reach the appraised value. This ...
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Do any of you do budgets and financial statements annualy with an annual meeting for your LLC's?
Am setting up an area specific LLC and will transfer a property into it. Looking for feedback on how far you go with sm...
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I live an hour away from most of my SFRs and self manage. When I have a vacancy I only want to show it to someone that is serious. How do you screen out folks for showings who are just kicking tires or might not oth...
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I have 3 applicants so far, that went through the BP screener with transunion. This is for a little lower quality property than my others.
They all arent good, but that's sorta to be expected when people are ...
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Hi everyone!We have a house up for rent and this will be the first time we are renting a house without going directly through the military. What process do y’all use to handle applicants? For example: do y’all take t...
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Hello everyone.I just got a noticed that my county will be conducting their annual tax certificate auction.I downloaded the list and narrowed it down to areas I'd be interested in.What are the pitfalls of Tax cert auc...
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I'm rereading Brandon's book on Managing rental properties and he mentions that you need to give everyone an opportunity to apply, even if they don't meet the minimum criteria you have set. Do I also need to show my p...
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Hi,
I've known about this for some time but wasn't very open to it in the past. Much more open to it now.
I was approached by someone that has develop his own "Australian bank" program. In a nut shell: you use fund...