I am trying to create an applicant/renter guideline for my rental property. I would like something that spells out the expectations for any applicant and tells the applicant a criminal, employment, and credit check ar...
I have an apartment in a good B+ area. There is an applicant who seemed ideal until we ran the background check. Organized and showed up on time, good first impression, credit score in the high 700s with no missed pay...
Folks
I have been doing some reading on this topic. I am a passive investor and typically invest directly in apartment syndicates or funds. Given returns are fairly muted now and historically the stock market has ret...
We have units in the suburbs of Detroit. Lately the quality of tenant that we have had applying has been less than desired. We look for a 600 credit score, 3 X rent in income, no negative landlord reviews, etc. Our...
I have a very good applicant that passes all of my qualifications but mentioned that her boyfriend will be with her most of the time but has his own apartment. She told me he has a felony from 20 years ago. I did a ba...
I'm making my first offer on a property Monday. It is currently bank owned and they have been doing tons of updates and are still in the process of doing more and all will be completed before a new owner would take o...
Hello everyone-- I am noticing a trend emerging in background checks, and I would love to get your opinion. We have started pre-screening people before a showing using an app called "Forewarn". This app finds and comb...
Managing my current portfolio while simultaneously expanding my efforts became a minor obstacle as I continued on my real estate investing path. Have you ever witnessed a performer riding a unicycle while juggling bur...
Hi guys,I am very happy to have found this forum. My name is Kevin from Atlanta, GeorgiaI’m diving face first into the world of wholesaling and excited to overcome the challenges and find many great deals that benefit...
If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...