Cory Lucas
1st time screening applicants, BP I’d love some tips/advice
Ok, a little bit of background on the property. I have a 3 bed/1 bath single-family home that I am still renovating. I plan to have it ready by November 1, hopefully sooner. I got the house renovated to the point to w...
Mark Nolan
Can't Charge Application Fee in MA. Options?
Hi all!So in Massachusetts it's against the law to charge an application fee or to charge a prospective tenant a fee for a credit check.So...What do you do? I really like SmartMove, but I can't say I'm interested in ...
Frank Jennings
Tenant Application Content
I am constructing a tenant application and looking at others I noticed that some applications have spaces for bank account information and credit references. Do you recommend putting those on there? Wouldn't pulling t...
Ashley Sommer
Can I request prospective tenant complete application before showing unit?
Hi,
I've read the BP tenant screening guide but I still have a question I cannot find the answer to. I'm am soon to close on my first duplex (in which I will be living in one of the units). I have started to...
Cody F.
Tons of people asking to see an apartment, how to handle this?
We have an apartment available, but there's about 1 in 10 applicants that ask to see it before applying. I don't want to drive all the way there just to show the apartment to someone who I'd never rent to anyway. Ho...
Theodore Arzt
Good tenant or professional renter
I have a potential tenant but I am having trouble verifying employment. She said she was displaced because of the hurricane in North Carolina. Her job transferred her up here to Connecticut. I did speak with someo...
Kate K.
Best ways to do Background and Credit Check on new tenants.
Hi everbody,my husband and I are just starting in Real Estate business. Our 1st tenants we have inherited as we purchased our 1st investment property over a year ago. In 2 days we are closing on our 2nd investment pro...
Emily Mohr
Best way to inform someone they are not qualified to rent your property?
Grateful for the collective wisdom here!I am in the process of searching for my first tenant. We've had a few applications but only one person meets minimum salary and credit score qualifications (meeting him tomorro...
Drew Cameron
VA loan after bankruptcy
I have a friend who was in the military and is planning on filing bankruptcy and then using a VA loan to buy a home. Is this possible without waiting the standard 7 years? I'd hate to see him stuck as a renter for so...
Satyam Mistry
Cash Flow vs Collections
Like most investors I believe cash flow is a critical component of an investment. However I think that the cash flow numbers on paper can at times look so attractive that we forget about the fundamentals of the proper...