Jamie B.
Disqualify Potential Tenant with First Email Inquiry?
I have been reading all the blogs and posts within this site as well as books others have recommended. Amazing amount of information! We are busy getting our first rental SFH ready and I am behind on my formal introd...
Scott N.
Buying Condo, Disaster of a Situation, Trying to Salvage Some Money
Hi all, Thanks in advance for reading and offering any advice. I am working on a boat in Alaska, so my internet is limited and sporadic, after I post this, I will only be able to check it about once per day for update...
Roy Gutierrez
Boyfriend/Girlfriend breakup and rent responsability
Hi guys,It's been a few years since I had to look for a new renter, I'm strongly considering a couple, one make 45K, the other 60K, both with stellar credit reports (rent is $1,325). They have been together for one ye...
Derrick U.
Cash on cash return of 4% is ok?
I'm looking at a few properties in Phoenix. Can't seem to find anything that yields greater than 4-5 percent return. Would you be ok with that return? Assume down payment is 25%-30%.
Kimberly H.
Declining your first applicant (tenant)~ Whew!
Whew! It took me 2 days to send the email. It felt like I was making a family homeless. I need to grow a set for this business. I'm usually a tough cookie, but this real estate landlord business is not for the sof...
Katie Willcox
Pre-Screening - Are We Being Too Tough?
Hi Everyone!We took possession of our first rental on July 15th and we are self-managing it. We've prepared a pre-screening questionnaire with guidance from Heather & Brandon Turner's Managing Rental Properties b...
Jason Baldwin
Crime Rate - How high is too high?
I recently stumbled on a fully occupied 6 unit property that would bring in about 35% Cash on Cash and that does take into consideration 15% vacancy. The city itself has a higher than average crime rate according to n...
Hugo Jimenez
Tenant passed away prior to closing on a purchase, Florida
I have an unusual situation and am hoping for some advice from someone who has some experience or knowledge of how to handle the situation. I am scheduled to close on a duplex on Friday, May 14th. Both tenants decid...
Anand S.
What Cancellation -- Strict or no?
I use a Strict policy and always have. However, with this CV19, folks that have inquired are now holding off on booking, and the new inquiries have pretty much dried up. Is anyone considering relaxing their cancellati...
Cameron Miles
New to REI, lots of questions!
Hello everyone!
My name is Cameron Miles and I am currently active duty military (USMC) with a little over 7 years of service, however I will be separating from active duty in 10 months. My plan is to move to...