I'm hoping someone can shed some light on options to fund a renovation on a primary residence. To be a short as possible, I recently bought a home that I plan on living in and converting to a two family. It is current...
How was that "income of 3X rental" figure arrived at and do most of you hold to that figure for your rentals?Also, for renting out a room in a home do you follow that same concept of 3X?
Good Afternoon All,Before COVID, I was looking in the NJ (Elizabeth and Newark) market for a multi-family property. I wanted to take advantage of my FHA and house-hack as an owner occupant. My credit is at 650, due to...
What tenant credit/background services are you using in Ontario? I've seen some of the national ones advertising that they check things that can't be checked here in Ontario, so I need a province-specific answer.Do yo...
We occasionally have a legitimate problem with our tenant mailing us his rent check. When the check hasn't shown up after the grace period we contact the tenant and ask if there is a problem and he immediately drives ...
My goal is to find a cash flowing multi unit property I can use an fha 203k loan on please help I’m in Southern California.
I was browsing rentals in my area and even in the cheap moderate ghetto, the rental listings have a credit/background check fee. We're not talking high end apartments, but the cheaper, older, less desirable neighbo...
Hello all,
We all have been there but when is it the right time to rent to young men and women trying to get started in life? I have a couple of 22 year olds looking at my property tomorrow afternoon but during the s...
I'm in the process of renting out our first rental property. I started showing the home yesterday for the first time- did 5 showings and received 1 application. I am fairly new to real estate investing and would like ...
I messed up. First rental and first tenants, I screened for 3X income to monthly rent, above 600 credit score, passed criminal history, no evictions, landlord references, proof of income etc. etc.The only issue is, TH...