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Edit: in the title, I meant to say "Holding tenants responsible for finding new tenants if they break the lease"
I rent long-distance to good tenants who want some flexibility in the coming year. I want them to sign ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,500
BRRRR:
Purchase: $70,500
Renovations: $23,000
ARV: $134,500
Gross Rent: $1,100/mo
What made you intere...
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I recently posted an ad about a vacancy available in one of my units. I have had many people interested in the property but have all asked if It is section 8 approved. What do I need to know about section 8? Is It wor...
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Do you qualify a prospective tenants application first; job, income, references then have them pay for a credit report, background check, etc.? For example, have my potential tenant pay application fee, I do my due...
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Hi,I have been rejected on two occasions for a HELOC on my primary residence because I own too many rental properties tied to mortgages. Do you know of any banks that offer checkbook HELOCs that don't require withdraw...
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For those of you who use HELOCs for leverage to buy more properties, what reason do you give on the HELOC application? My application asks specifically what home improvements I'm using the HELOC for and asks for writt...
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Hi BP family,
I recently started land lording on my own and had to kick my tenant out who lied about her income and didn't pay rent. I made her give me a 30 day notice to leave and she left but obviously left her sme...
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Has anyone used Zillow rental manager? If so what has your experience been. Does anyone have any other services they use to screen tenants, and manage their properties?
Hello BP, I have roughly 90-100k in Equity, probably around 80k after all my fees from my primary residence I bought 6 years ago. I'm ready to make some moves to create passive income. My initial idea was to use some ...
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Hello BP, I've had a busy week showing our SFH and accepting rental applications. I have 3 applications... 1 solid one that I would love to have and who would be perfect. The other two I honestly dont feel would be ...