Jason Runkel
Tenant Screening Guidelines
Hey Everyone,My partner and I are working on our tenant screening guidelines for the property management portion of our business, renting properties in generally C+ and above neighborhoods. Some things we have include...
Megan S.
How to be a socially responsible landlord
Hi BP community!I'm just starting out in REI. I'm looking for thoughts or feedback for me on what it means to be "socially responsible" when it comes to REI and property management. Anyone think I'm being naive? :)I p...
Brenda Whittaker
Displacing Good Tenants if I Sell
Since out of state investors have infected my area and forced up property tax I can no longer afford to keep my rental. The tenants are very decent hard working great people who love the house but cannot, like most h...
Account Closed
tenant wants to change 2 yr lease to a 1 yr after only a month!
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
Nettles Mason
Rent Price in relation to Option Fee
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
Amy Martin
Inexperienced landlord needing advice about screening applicants
I'm in the process of renting out our first rental property. I started showing the home yesterday for the first time- did 5 showings and received 1 application. I am fairly new to real estate investing and would like ...
Garmeon Y.
50% rule flaw - missing out on deals
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
Scott Pyrcz
Transfer home into LLC
Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
Taylor C
Tenant screening - timing and tool of choice?
Hey there,
Recently we've tried the transunion tool and we have generally found prospective applicants shying away from this online approach.
So maybe you can help me sort this out.
One, when, at what point in the ...
Luke H.
Eviction:Prepare for Court date
Hello,Any advice, suggestions, tips for a eviction court date? Renters owe rent for last month and this month. Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...