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forgive me if this has been asked beforeand is it determined for each thread?I've seen someone's score vary from nearly 10.0 to almost 4.0 in different threadsmahalo (thanks) for all you do for this awesome forumaloha...
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Hello BP!Good morning/afternoon/evening wherever you are! I wanted to ask my fellow landlords and/or property managers if there are any type of Tenant Grading system to use when screen prospective tenant?I’m working o...
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I borrowed significant $$ (0%) from CCs in September and put that cash against my 2nd mortgage ($100K, 30 Yr @ 5.375%), I am on my way to pay off the 2nd mortgage by Mar '21. And then it will take me another 6 mos to ...
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I was checking out the new hard money lenders directory on BP today and it appears there are now 12 lenders.
Questions:
1. Is there an easy way to filter all of the lenders to see who will loan in a certain area?...
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I just finished reading "The book on Managing Rental Properties" by @Brandon Turnerand i have some questions. Its a great book and I learned a lot from it but some questions were left unanswered. Mostly about qualific...
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Newbie question, thank you for your patience in advance. I've heard on BP youtube that Section 8 tenants can be good and stable since it is paid by the government. My question is, how long of their qualification last....
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What do you do when you have an applicant who meets your requirements on paper but you "just know" their going to be trouble? In this case the individual if good friends with a previous tenant who was one of my worst ...
A borrower's CLADD Scores will determine what loan programs they can qualify for and you'll begin to hear this used more and more in the industryCreditLiabilitiesAssetsDown payment Debt ratios
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I am managing a new property with a few Low Income units. My questions are1. What is the best way to screen low income tenants?2. Do these tenants have to go through the county/city first?Thanks in advance!
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Hi BP! Question on screening. I am just getting the second unit of my first investment property (duplex) done and hopefully rented out very soon! After advertising and sifting through applicants I have 3 bible school ...