I am moving and renting out my condo ($2700/month) in the San Francisco Bay Area. A prospective applicant asked me prior to viewing the property whether they can pay their security deposit (1.5 rent) in 4 installments...
Tax season often leads to creative interpretations of what can be considered a deductible business expense. However, a recent case highlights the importance of thorough documentation and substantiation when claiming d...
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I am new to investing and am building new rental houses. The new units are about 1700 sq ft with one and two garages and have 3-4 bedrooms, 2 baths and will rent for about $1300 - $1400 per month. I'd like to know ev...
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Hi, one of my potential tenant was asking if she can use her tax id instead of SSN. Can I use a tax ID to run background check? She said her roommate is going to have SSN but is also fairly new. What does fellow landl...
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Hello. I will admit that I am as green as they come. I've never even been close enough to a deal to smell one let alone be apart of one. I am looking at two potential deals that are not posted on the MLS. I apologize ...
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Good Morning,What are the ways to vet a private lender? I put a posting in the marketplace and have had a number of private lenders contact me. Some have more information available online than others and I'm wonderi...
I have a rental applicant who has a background check that is clear. His credit report has no debt, and no bk or other negative information but he does have late payments and one collection on a very small amount. Hi...
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In Washington state a buyer made a written offer on property and wants seller financing. After we accepted the offer the buyer refused to have credit, bank or employment checked (red flags). Now buyer is offering to ...
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Is it typical for a HML to request we fill out the loan application form on our website and provide the fee($1200) immediately after filling the form to our account officer for processing and documentation of the loan...
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Hey all - I am exploring this program because they 100% fund your fix & flips after you meet their criteria - Cost is 10K down or 2X 7.5K
Does anyone have any experience of working with them and completing deals?...