Instead of listing a credit score of 600, could you say the requirement in the application is that "Good" credit is needed? It seems like this would give you some wiggle room for denying prospective tenants.
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Hello Everyone,I am new to the community and I am also a new owner of a duplex in Los Angeles City. The units fall under LA City Rent Control (rent stabilization ordinance). I plan on renting one of units very soon an...
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I'm in Los Angeles city proper under RSO(Rent stabilization ordinances) I had a tenant who gave 90 days to leave the unit because I had a family member coming to move in. This happened in september 2019, the tenant ...
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We have a set limit that we have for credit ratings. The wife's credit rating came in at 751 which is one point above our requirement. The husband who blocked about filling out his own application, has a credit rating...
I advertise my posting on Zillow and Craigslist. Due to a high number of inquiries, I'm screening all potential tenants prior to showing the home by asking them their income, credit score, pets and if they have been e...
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I have my first rental property under contract and I have the forms that you get with @Brandon Turner's Book on Managing Rental Property. I was wondering if anyone had any state specific lease agreements they would b...
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I just secured my first house hack! I am currently in the process of deciding what property management software to use. As of right now i am deciding whether or not to use RentRedi but I noticed that RentPrep has a mo...
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Hello Everyone!I have been loving getting acquainted with the BP community. Between the podcasts and blogs there is so much information and such a great network. We are in the process of purchasing our first buy and h...
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My wife and I are considering purchasing 2 unit mutifamily home, probably a duplex in the northern NJ area with FHA 203K loan. We'd live in one unit and rent the other one out, can we use the income from that 2nd unit...
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Technology has advanced much throughout the years and cellphone technology is not a stranger to advancement. As a result, cellphones – or smartphones, as they are more commonly called today – have evolved into lit...