We received an application to rent our house along with the application fee. I have asked for a copy of her DL and paystubs for 2 days now, and she keeps telling me that she sent them, she will resend them, etc. Is th...
the Portland City Council approved a limitation on rental housing application fees during its August 3, 2020 meeting, which will be added to the City’s Code, Chapter 6, Buildings and Building Regulations, Section 223....
Are you familiar with Low-Income Housing Tax Credits (LIHTC) or cost segregation studies? Both are individually great tools for real estate investors but when combined, real estate owners can greatly maximize their ta...
I’m searching to see if anyone know of any lenders (nationally or in CA) that are currently offer Low Down Payments (5-10%) for a Conventional Loan on a Triplex?Here’s my situation: I’m currently renting one unit in ...
After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
Hello,Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fe...
Hello all BP members,
I am about to close on a second rental SFH, financed with a conv. loan. The first loan was also conventional; both loans are within 4 months.
My loan officer told me that I have to...
Just purchased my first small 6 unit apartment in Ohio, I have 1 vacant unit that I am looking to start showing but I read at somewhere there is a limit to the amount you can charge a tenant on an application fee for ...
Hi,
Does anyone know the legality behind accepting multiple applications and hence, fees when there are only a few vacant units in a multi family and the units fill up quickly? Do you have to refund applicant money t...
I have a SFH that I am helping my partents rent out. We have each potential appilcant fill out a general application ( contact info, work history, previous landlords, number of teants, and number and type of pets).I...