I’ve purchased an abandoned adult car home and am going to be converting it into eight 1+1 apartments. Cheap property, huge rehab costs. It’s in a smoker-friendly state and the units will be about $550/month not inclu...
Hey fellow pocketers! So I finally have a home and I got my first bite on a tenant. She seems like a nice woman from speaking with her, good income pretty bad credit but it's typical for the area. Being extra cautious...
- Only Post if you own more than 2 Class “ C “ rental properties - For the tenants that apply without section 8 voucher, how do you process their applications? - I often find them asking, what’s the process and I hate...
I became a landlord for the first time earlier this year and made a stupid mistake: I rented my house to two adult smokers and did nott include a "no smoking" clause in the lease. The renters are otherwise very ni...
Hey Everyone, I closed on my first out of state rental today--it's my hometown in Indiana, but I live in Chicago now. My dad is still in this town.Anyway, I put up an online ad yesterday, had my closing at 9:00 a.m. t...
I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
Hi BP!I'm in the tenant screening process with my first rental (a duplex in Philly). The bottom unit is a 2 bedroom that's roughly 700ish sq ft. I would prefer to limit the number of tenants in that unit to 2 (1 per b...
3 am Sunday a tenant smoking on the apartment porch carelessly discarded a cigarette and started a fire that destroyed the top 4 units in a 24 unit building. Fortunatley no one was hurt and the firemen saved the rest ...
Hi All, I'm getting ready to rent out my first property in Baltimore and have some questions about three scenarios of groups of adults who apply:Do you require each spouse of a married couple to qualify for income, ba...
I am in the process of going through the tenant application/screening process for the first time. Currently I'm writing up some selection criteria and came across a question on income requirements. I went with the sta...