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Hi all, I'm hoping someone more experienced can provide some guidance for me. My fiancé and I have a SFH that we just finished renovating to list for rent. While working on the house last week, a woman and her adult ...
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Hi! I'm pretty new to the forums, so I thought I'd introduce myself and see what happens. My names JT Marting, and I've been interested in F.I.R.E. community for a few years now. After spending a year or so learning h...
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Background: we had new tenants move into a 2 bedroom unit about 6 months ago on a month to month agreement. It is a woman and her adult daughter (both listed as tenants and contributing income toward rent), plus the w...
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I run credit/background checks on all prospective tenants. Inevitably only one spouse will show up for a viewing and I have to meet with one or both of them again to collect the cash for the $35. 00 fee I charge. La...
Hey you guys looking to buy a triplex in Southern California riverside county, instead of renting out the rooms to the public I’m looking towards renting to Adult Residential Facilities (ARFs). Is there anyone one Big...
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Do you charge a rental application fee? If yes, then:1. How do you determine the $$ fee? ... is it per family, per adult, other?2. What do you include with the fee? (e.g. background check, credit report, etc.)3. How ...
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We have a house that is becoming difficult to rent. We had a prospective tenant who makes a lot of money as a plumber. On the phone he only mentioned that he needed the house for himself because he does a lot of wor...
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Hi -
I've recently inherited (or what amounts to inherited) a small fix/flip & wholesaling business that consists of a website where users enter property, situation and contact details which populates jotform and...
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Appreciate any help I can get.I have never purchased a property directly from a seller in foreclosure that was occupied.
The Numbers
Purchase Price: $100k-$110k “$40k to pay off for the HELOC included in purchase pr...
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Hello,
I am thinking about renting a 3/2 1500sq ft home to a family of 6. Four kids ages from 7-12 and two adults. That's two people per room. Is that considered wise to do? Is that full occupancy or more than recomme...