Vivek Kumar
People with poor credit but seems due to living on cash
So I got a tenant application who has a credit score of about 520 and same for spouse. No debts and almost nothing on credit report. It's almost blank. With a few inquiries from auto dealers. they shared 3 months bank...
Lisa Beauchamp
Acquired tenant w/mid-month lease, prior owner stated due 1st
Hello,I have a problem with a tenant in a property I just acquired. I have a 4 unit multi and the tenant entered into a year lease starting on the 15th of the month. The owner came to the property 2 days before clos...
Robert A McIntosh
Using a 1099 to evicted tenants
I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and w...
Tomas Calvino
Lots of Potential Applicants: How should I accept applications?
Hello BiggerPockets,I'm having an open house this weekend and I've had over 50 people contact me about seeing the property. I'm wondering what the best way to accept applications is when you have a lot of applicants. ...
Michael Madden
Purchasing Property with No existing Security deposits??
Hello all,1st of many posts im sure.Im purchasing a 4unit building from an elderly owner.Her husband who recently passed away, never collected security deposits from any tenant.I don't know the reasoning, nor do I car...
Chris Policicchio
Help with losing security deposit
I have a friend (John) who is in need of some help with his previous landlord. I told him there is this wonderful community at BP that will likely be able to help him. The apartment was in the Pittsburgh PA area.The...
Joe P.
Initial Rent & Deposit?
Hi all,I just purchased a property in Gloucester City; its a duplex with one unit rented, and another vacant. I've been trying to get tenants in with not much luck so far, and I had one prospective tenant say that my ...
Perrin Hickey
STR house hack tax advantages
Hi all! Newbie here and appreciate all of your expertise in this community. We are looking to rent (either STR or MTR) the lower level of our house. I will discuss this with our CPA as well, but wanted your input on ...
Edy Lagares
Credibility packet? How do you build one? When should I have one?
I'm an investor in the making, I'm trying to build my marketing materials and I'm having a hard time thinking of what to put on my credibility packet.
Should I even have one from the beginning?
What should a new in...
Tony Borman
Tenant won’t pay last month, already moved out
Need some advice -Rental property in Madison WI, lease August 2019 to August 2020. Tenant lost employment and informed me of difficulty paying rent starting in March. He offered to move out to a smaller/cheaper place ...