Phin Dinh
Criminal & Eviction Reports from the applicant.
Hello experts,The applicant has his moments monthly income = 4.3 of the rental monthly and I'm renting the house for $1400 a month. His credit score is 586 and his criminal listed 7 items and his eviction listed one i...
Jeremy Lee
Landlord wants application via Zillow prior to viewing?
Hi all,
There's a home I'm interested in renting that I saw on Zillow and reached out to the landlord. She is saying that she needs for me to apply via Zillow (there's a $29 universal credit/background check that can...
Scott Klingman
Tellus App. Anyone actually using?
Is anyone using Tellus? It appears to be similar to Cozy, but offers free background and credit checks (no cost to landlord or tenant), and also has a decent android application (cozy does not). I've seen it mention...
Alex Kovalenko
Good Tenant? Refuses to do background check
Hey guys - we just started renting out a unit and have someone who is interested but refuses to do background checks (says: I am not applying for a job - why should I do a background check). He claims to have sold his...
Brad Gibson
When to Shoot a MTR in the Head & Abandon the Venture
I just converted a 2/1.5 townhome that has been a LTR for the last five years or so in my portfolio.
Renovated the place including kitchen, bathrooms, flooring, paint, & fixtures, cabinets, countertops, etc. Re-...
Brandon Allenczy
Application and Tenant Screening
Hey BP!How do you guys handle applications for your rental for couples? Do you make both of them fill out an application? I know both have to be on the lease, but the 3 reports I request cost $55 to run so I'm just fe...
Tom Wheelwright
Two (2) Ways to Take Your Rental Real Estate Losses
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
Aristone Louxz
I've been offered 100% Financing for buy and hold projects. Is this a good deal?
Hello BP Community,
Currently I have been buying and flipping properties in and around the Philadelphia area. I have been offered an alternative investment opportunity to flipping. First, here's some background on...
Hugo Luna
Sacramento vs San Diego
Hello BiggerPockets! I am looking for general feedback on REI success (within the next year) in the Sacramento vs San Diego region. Reason being, my partner and I are planning a big move from Silicon Valley to either ...