D J Burand
Do you accept folks with only "friends and family" rental history
We have been at it for about three years, and though we have mostly established our basic screening criteria, we keep running in to new situations. While I've found many references to looking for 'x' number of years ...
Justin Swann
TransUnions Smart Move
I'm screening a tenant and his TransUnion criminal history is clean. When I Google his name, I found a history of domestic violence where he struck his wife. This occurred in 2006 and I am 100% certain it is the same ...
Nic S.
Negligent claim - warranty deed vs closing date
I fully intend to get a lawyer involved if it gets to that point but I figured I would see what you all think of this situation. My property manager received a letter from a current tenant stating on June 1, 2020 her ...
Tracey J Shanklin
My Mortgage payment was increased 4 months into a fixed loan
I didn't go through a traditional lender as I found a fabulous non-profit organization that I'd dealt with years before. They offered fixed interest rate, no down payment, no PMI, minimal closing costs! I'd already ...
Jason Blasetti
New member from Pennsylvania with ties to Arizona
Hello everyone!! I cannot begin to tell you all how excited I am to be a part of this community. I am just beginning my real estate investing career. I would like to invest here in Pennsylvania and Arizona for starte...
Abigail K.
Renter's Insurance on Tenant's Behalf
Hi There,I have read a number of posts on renter's insurance and I require it for all my properties. Many of the apartments I manage were inherited from a previous manager who did not require this. As the leases come ...
Sant S.
Property closed. Delinquent water bill pops up
I recently closed on a multifamily property. I got my water bill for my first quarter of usage and there is a balance the prior owner did not pay. The city the property closed in has a standard policy that water deb...
Markeen Baker
Property Management
I was reading the "Questions To Ask A PM" and I was confused on two questions: 7. What percentage of the billed rent is collected by the 10th, 20th and last day of each month?8. What percentage of the billed rent is...
Nathan Williams
Will insurance cover tenant damages?
As I begin my real estate investing journey I am constantly looking for ways to mitigate risks associated with buying rental properties.One thought that crossed my mind was, "Does insurance cover the costs of repairin...
Richard Fischer
Easement liability title policy question
EE company buys property, a connected building, for $200,000.
EE company uses 2 private lenders for $100,000 each
Each lender gets the lenders policy from the title company on their “deeds of trust.”
EE transfers th...