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I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
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I’m looking for a loan to purchase an 5 Unit apartment and came across a lender. He told me I have to pay a $3,600 origination fee for for $180K. I told the lender from Metro Financial Services, INC that I didn’t want...
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Hi all,
My long term tenant has asked what I thought about adding a dog to the household. My lease agreement states no pets, certainly I can add an addendum. What are landlords requesting from the tenant if they ap...
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Do you all create your own LLC's or have an attorney handle it? I just left the Secretary State office and it's so much easier creating it at the office then paying an attorney to do what can be done in 15 minutes.
Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...
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So I don't want to turn this into an argument of whether or not someone should allow pets in their STR. We have decided that we do not allow pets in our STRs. My daughter suffers from severe animal allergies. Now we...
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I bought a duplex at the end of 2016. Both sides are occupied (I inherited both sides). I had an estoppel agreement from both and that is fine. Upon taking ownership, I sent a written lease to both sides and asked t...
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I have a duplex in Detroit that I need a good property management company to manage. Please help
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I am wondering - how many of you hired a mentor/ coach? Did you find it to be worth it? Considering there is already so much information available online. Has anyone in Texas ( DFW) area used Dennis Henson or Lolita ...
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I wanted to share this awesome podcast that I've been listening to for the last couple days. For those starting out, this is a GREAT source of information. The host, Matt Theriault, explains things very clearly and st...