What is you strategy for selecting tenants? I've reviewed credit history, background checks, and income sources. Do you accept tenants with evictions? Collections? Do you have a base credit score for acceptance?
Hi BP Community,I’m looking for some advice on a mortgage wrap deal I’m looking to do. I’m the seller and would be carrying the financing on a $750,000 duplex. The underlying mortgage is a conforming 30 year fixed and...
Would you rent to a tenant that wants to pay up front? Have not run background/credit check yet but she has mentioned she has terrible credit and is not currently employed. She received money from a "settlement" and w...
Hello,
I currently have one duplex that I manage. I have put in place a lot of systems to make managing this rental and future ones easy. However one of my biggest issues is keys.
I had SmartKey locks installed in ...
I had someone apply who's a Nigerian Exchange Student that's only lived in the states for 2 years
He's working full time making $840 per week & meets the income requirements
The problem is he doesn't have a ...
I have previously been asking my agent to show my house to contractors for a $50 travel fee, with 2-3 contractors coming at a time, in order to gather estimates for some renovation work. However, I would prefer to rem...
Has anyone switched their POTS to Ooma for their business line? If so, how was the experience? Pros and cons are appreciated.
We have a home office line that we are thinking of porting to Ooma.
What is your experience with getting a HELOC (home equity line of credit) for the full 90% value of your home, regardless of mortgage? In other words, let's say you owned a home valued at $200k, and secured a HELOC fo...
Does anyone know if a home that has 4Br’s but 2Br’s are accessed through the other BR’s (So no hallway to access all 4Br’s) would qualify for section 8? I have heard some houses wouldn’t qualify for Section 8 but I’m ...
Just closed on my first rental property in Alberta and got a pretty good deal on a foreclosure - all is looking good so far! Along with the sale I applied and got accepted to open up an equity-secured LOC. I'm plannin...