Manoj N.
Tenant does not have a credit history
I am screening a tenant who is more than 40 years old. She passes criminal and eviction checks, but not credit check. My minimum FICO score is 621. The service I use just tells me whether she passes or not - nothing m...
Dan Wells
My fist big real estate deal! Is it enforceable?
Hi Guys im looking to get into commercial real estate, this deal has been one of the hardest I think I will encounter, long story short someone that does not need to sell!I got a Right of First refusal on the property...
Nikki Berg
Uneven floor mystery
I am hoping someone in this group could help shed some light or info on my kitchen floors. We just recently moved into a new home. The house is about 5 years old. I noticed in the kitchen some sloping so I hired two f...
Andy H.
50% Rule not working for me
Hi Everyone! Newbie here...I am looking into Buy and Hold properties and am trying to start with a single family house. I’ve been comparing House listing prices on Zillow and other websites with nearby rental rates...
Warren A.
Long term impact of not having a garbage disposal?
Hi,I have a SFH rental (no septic tank) professionally PM'd and the tenant is complaining that the GD keeps breaking and actually wants it removed or else they will move out (seriously ?). The first time repaired las...
Alex Kalyan
Reverse Mortgage Foreclosure
Hello to all, We are new to REI and have a unique opportunity to begin our journey. We are interested in a vacant property that has been vacant for 6 months. The unique piece is that we have access to the property a...
Thomas Roberts
Transferring rentals to LLC
I currently have 6 single family rentals and 2 flips at the moment. My goal is to start treating real estate as a separate business (I also have a day job). I have an LLC set up with a bank acct and all that. But the ...
David Krulac
Most Insurance doesn't cover 6 claims...
NOT covered by insurance:1. FLOODS, can be covered by separate FEMA flood insurance but not by home owner or rental policies.2. EARTHQUAKES3. SEWER BACKUPS4. PESTS rodents and bugs5. SINKHOLES6. MOLDMany of these c...
Julie Kern
Tenant welding in the basement?!
So, our contractor had to do some work at one of our rental properties over the weekend. He told us today that the tenant, who is a welder, has been welding in the unfinished basement.I'm wondering what the risks are...
Wen Ling Cheng
lease options
Hi, has anyone knows where is ideal place/or site to find lease to buy property?would those sites " rentbeforeown" with monthly fees are good place to start?Please advise, thanks,