Brandon Taylor
"Reject" tenants that would have passed screening?
Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How s...
Mike Schorah
How much of a discount should I get on a property with a tenant in it?
I understand that to accept a property with tenants in it, you have to get a heavy discount.
How much of a discount? I usually do 70% ARV-repairs on probates and pre-foreclosures (usually comes to around $.50 on t...
Angelo Llamas
Paying for the utilities
What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric. Has anyone ever made the tenant have to pay for a single utility and have the others be...
Anthony Gayden
Am I Out of Line? Negotiating After Inspection
I have a house under contract here in Omaha. I agreed to buy the house as-is with no repairs to be done by the seller. I had a home inspection and discovered a couple of repairs that will cost me a few grand. I had ba...
Matt McLeod
Rookie crunching data for possible 1st buy
Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
Brian H.
Flood insurance $7000, on a $70,000 house?? Need advice please
All,
I have owned a single-family home in West Virginia for 11 years, and have operated it as a rental for most of that time. I decided to get rid of it year and finally got it locked up under contract with a...
Sarah Buchanan
What can we legally ask in screening a felon? (sex offender)
I had a potential tenant contact me and ask if I accept felons. I have read that it's illegal (discrimination) to flat out say "no felons" so I asked what the crime was. He said "sex offender, 16 years ago when I wa...
James Wagner
NEED ADVICE! Tenants breaking lease 2 days before move in
Fellow Landlords,My tenants are trying to back out of the lease 2 days before they move in. Any advice would be great. Here's the background:I have a 1973 SFH in Wichita Falls, TX. 4/2, 2143 sq ft on a corner lot. I a...
Paul Felix
Yellow Letter Voicemail Script - Looking for Feedback
I'm planning on answering the phone whenever possible, but I also have voicemail setup to catch those calls that I can't get to. Please let me know what you think about this voicemail message script. I've listened t...
Stephanie Young
Tenant moved out on day one. Please help!
My tenant moved out on day one!We had a one year contract. She has paid the first month rent and deposit, total 2 month rent to move in. On day one she called and said she’s decided to move out. On day two she moved ...