Tricia O'Brien
Minimum Documentation I Should Get from a Co-Signer?
I have 3 roommates (all in their early twenties) who have applied to rent my house. Two are recent college graduates and have okay jobs. The other is still in college and only makes about $7,000 per year plus has stu...
Mauricio Quintana
Co-signer on a lease, what parameters do you use?
Landlords,I have a property i'm renting out and the tenant is having a family member co-sign with them but will not be living in the property. I've never had anyone co-sign. What is the value of having someone co-si...
Elijah Quinones
Obtaining a first deal
Hi! I’m Elijah, I’ve been interested in real estate and investing ever since I was introduced to it at 13 years old. I’m currently 17 and will get my real estate license as soon as I hit 18. I would love any advice wh...
Shannon Vo
Refugee Applicants with Cosigners
We’re located in Charlotte and I’ve had several requests from refugees in the Ukraine war, some Russian, most from Ukraine. I’m a first time landlord so I’m not sure how to navigate it. One couple still has income c...
Carolina E.
Tenant Applicant's Ex Husband Pays Everything
How do I handle this application? I have a potential tenant that stated that her ex-husband pays for her rent. Apparently, they separated this year and he has been paying for her rent. She said he would pass the ...
Jillian Shuler
Cosigner Agreement Addendum
Hi all,I have a prospective tenant who doesn't quite qualify to rent my property (income is 2.7 times the rent and credit score 575). She has someone willing to cosign, but I have never done this before. My questions:...
Greg Schuricht
First applicant, first property
First applicant for my first property just arrived. 1BR/1BA condo, has been on the market for roughly 40 days with no serious inquiries until today. I'm thinking the reason I haven't been getting any hits has to do ...
Claudia Acanda
FHA Loan Source of Income Question
Hi everyone,
I am currently looking into the FHA loan and wanted to use it to purchase my first property (duplex) with it however, I do not have a source of income (I am currently attending graduate school) but I c...
James Brand
CoSigner Screening
Hey BP,I have two students who would like to live in one of my units. They have only lived in the dorms, should I have their cosigners submit the background and credit check? I do not think their will be much fruitful...
Michael Nahm
Potential tenant with awful credit
I have a property up for rent and received an application from a very eager gentleman. He gave a really nice impression, has steady employment and has been renting for a few years at the same place.However, he has aby...