I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...
Hey all, have been lurking on the forums for a while and reading about all of your RE journeys. I have no RE investing experience and my investments to date have been in equities.I am currently torn on what to do with...
Hello all!I'm closing on a 8 pad park in South Carolina next month. Current lot rents are $150 and haven't been raised in years, like over 15 years. Market lot rent for the area is at minimum $225. How much do you ...
Has anyone successfully purchased self-storage units using their Solo 401K? I am looking for more information. Any help would be greatly appreciated.Thank you
Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
Hello,
I am renting out my first property. It is a single family home. How do I go about utilities? Do you have the tenant put the water, gas, electricity, trash in their name and show you proof that they are payi...
Greetings,I've been evaluating a package of properties that together, total over 100 units.I keep reading that on the calculator to use 5% for repairs, 5% for capex, 10% for management and so on.When looking at over 1...
Hello. I'm looking for some feedback on a group of potential tenants that are pooling their resources to live in a 4 bed, 3.5 bath condo.
There are 2 adult females and 2 adult males along with 2 17-YO males.
Cummula...
Hello Everyone!
I am a young motivated recent college graduate and business owner. I have always been interested in real estate investing however, I am unsure of my proper approach to starting out. I am hoping to fin...
So a couple months ago I had a leak from an HVAC unit in one . the HVAC is over 30 years old... the leak was fixed but the water of course sat under the laminate wood floors and now I’m dealing with trying to repair t...