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Hello!
Thank you for such a great community and active forum!
I have gotten an offer from a lender on a refinance. I am fairly new to this and this is my first refinance. It would be a residential investment propert...
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A recent pregnant women applied to rent a townhome of mine for a year lease. She meets the income requirement of 3x the monthly rent, however when she goes on maternity leave, I am not sure that she will. Can I legall...
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Debating on which tenants you would choose. Leave your feedback! We have amazing 1st floor tenants and I think we are comparing everyone to them which is sort of hurting our judgment on people.Tenant A:Young couple (m...
I've been brushing up on Fair Housing and I'm not sure about this distinction. I know the protected classes in my state and locality.Say I have an open house for a few hours and when I'm done I have X online applicati...
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What are your minimum requirements set for an applicant to pass when screening possible tenants? Such as credit score, verifiable income compared to rent amount, clean background, etc. Thanks,Luke Jackson
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Hi everyone. I have two successful flips under my belt, and I'm very interested in branching out into wholesaling and lease optioning in my local area (Portland, OR and suburbs). I established an LLC for my biz about ...
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I plan on talking to some of the local credit unions, small banks and mortgage brokers in the area prior to seriously finding my first deal(s). Before I go in though I would like to know how best to present myself and...
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I have an opportunity to purchase a triplex with a partner. The triplex is occupied and currently bringing in positive cash flow. Since it’s an investment property, my lender told me we would need to put down 25%. My ...
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I'm looking at a 1800sf duplex building here in North Central Illinois. Built in 1980. Both units rented at 575 apiece. List price is 130k. I've done my number crunching/calcs and the comps/analysis indicate similar t...
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https://www.consumerfinance.gov/about-us/newsroom/cfpb-ftc-t...
Bad credit reports for Landlords checking possible tenants...Trans Union failed to take steps to ensure the rental background checks that landlords...