I'm closing on a multi family (3-plex) next week Thursday. What are some of the major to-do items leading up to closing and after? I already will be getting all security deposit on hand, prorated amount from 6/2-6/30....
I'm on the smaller side when it comes to size. I come in at a whopping 5'2. I keep hearing people say they practically hire bouncers who are big intimidating looking guys. Who do you get to encourage payment of rent a...
Hi,Im still pretty new at all this but I need some opinions on what to do. I put a freshly renovated unit on the market and found what I believe should be a good tenant to fill it. The goal was to have the new tenant ...
I have been doing this 18 years, and never seen a group so full of rage. After a couple major breaches in their lease, and my wanting to reassess the now month to month agreement, my 18-26 year old tenants keep threat...
Despite a previous post in which I was encouraged to avoid renting to an out of state tenant, I have one potential tenant who is seeking a two year lease and works for international contractor that moves him from...
Hi guys!
I wanted to share with this fabulous community our REI success. This weekend we finally rented out our SFH after having it on the market for rent since October 2013. We financed a SFH 2/1 in October 2013, ...
Hi everyone,I'd love some feedback on my scenario. I have an applicant with the following scenario:1. Income 4x the monthly rent. 2. Credit history is flawless - mortgages paid off, solid history of paying credit ...
I was thinking of getting HUD approval on an 8 unit rental property, but I'd like to know what you guys think. The idea of a guaranteed rent check for 8 units each month sure sounds good, but are there any down sides?...
I would really appreciate some opinions on this. My husband and I purchased 2 properties at a steal 2 years back in a cash deal. We totally rehabbed the first property, and immediately did a rent to own with it. We fi...
Hi I am participating in renting out a house to a lady on a VASH voucher. She is a veteran and was homeless at one point of time in 2013 but since has gotten her life in order and has rented 2 houses for 3 years each ...