Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
Hello, I would like to create a separate business identity without having to form an LLC or corporation. Now, I only want to mask my identity from my tenants and contractors. I carry a 1 million umbrella policy and ...
I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my...
Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...
I am looking for a the market profile, average rents to include increases and decreases, and major changes to the areas. The areas I am looking at are Greenville, Jacksonville, New Bern, Morehead City, and Havelock. I...
Hi,My tenant just informed my yesterday there is mold growing on the bathroom wall next to the bathtub. From the picture that she sent to me, it seems like the mold has been there for a while. I contacted ServPro, a...
Hi folks! I am looking to buy a few small multifamily properties in the next few years. I am curious what markets folks have decide to focus on when looking for multifamily and why (appreciation vs. cash flow etc). Th...
My goal is to get 50 units via Subject to and then sell them on a Rent to Own in Arizona to create a passive income of $5,000/month. This is just the beginning and then I will take that money and invest in Mobile Home...
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Hi All,I'm new to this business, and been doing a lot of research to try and get to speed. Something that I keep reading, repeatedly, is that I need to work with a real estate agent so that I can "get MLS access." Now...