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Hello friends, REI newbie here and I have been looking at the Cleveland, OH market for Buy & Hold multi-family properties (2-4 unit). Some of my big questions are around the Cleveland economy and my lack of local ...
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Im trying ti get Pre-approved but banks are super strict with their guidlines nowadays. On top of that, I got unemployed during covid season. Now im working TWO part-time Jobs. Which I think makes me less bankableOn t...
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I live in Los Angeles but am looking to buy an out-of-state multifamily rental (purely for cash flow purposes), and currently I'm looking at Dallas/ Fort Worth, Kansas City, and Atlanta.For anyone who has a rental pro...
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I became an accidental Landlord when the economy crashed. I have a place that I have rented out three times over the past 6 years. I want better more job stable tenants and Higher rent. Dont we all? So any advice ...
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I have a prospective tenant that says they have accepted a new job that will allow them to meet the minimum standard set for monthly income, but they are waiting on the company to officially send the contract to be si...
Hi, I have this situation where Boy Friend and Girl Friend both 21 years have submitted applications.Girl Friend credit report is clean with 1.5 X Rent as income(Confirmed). Stayed with her parents in their own home....
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I have a friend who just moved to Ohio and is assigning houses. He sends me a few houses and telling me that the homes are cheap as I can see and that the inventory is wide open. He is particularly telling me about Ca...
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Hello BP members,I have one property rented and got several applicants, what kinds of criteria do you guys have for tenant screening and what aspect will you look into most? Any input is greatly appreciated!
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Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become due....