Rental Investment Loan Program

https://www.youtube.com/watch?v=89XxMqsJvOc Rental Investment Loan Program A “Rental Investment” loan is a long-term loan used to purchase or refinance property with the intent to hold it for at least 3+ years in order to profit from the cash flow from the property and future appreciation. A Rental Investment loan is a great fit in the following situations: When …

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Should I Approve An Applicant Who Is Registered as a Sex Offender?

HUD issued a new guidance in 2016 clarifying which applicants can be denied based on having a criminal record. The main takeaway from reading this is that housing can be denied if there is ” a demonstrable risk to resident safety and/or property “ Here is the conclusion of that guidance: Policies that exclude persons …

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Can I Put a Lockbox on my Rental if the Tenant Refuses to Sign the Lockbox Addendum?

Question I’m selling my rental and the lease states that during the last 30 days I can show the property to interested folks. Also says I can have a lockbox on the door, etc. I contacted my tenant to give him a heads up about listing the house and requested that he sign the lockbox …

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What is Self-Touring or Self-Showing Technology?

What is self-showing or self-touring technology? Self-touring technology allows a prospective renter to physically visit a vacant property without a manager or agent present. Renters can instantly book an appointment, saving countless hours finding a property to rent, and managers can streamline operations by supplementing traditional leasing office hours to easily conduct weekend and after-hour …

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Is it recommended to install a washer and dryer in a rental house?

It depends on the property and the location. If you have type A property and competing rentals offer washer and dryer, you need to provide them as well. Type B property yes with a slightly higher rent. Type C, no, unless they rent it from us, typically at $50 extra per month. That being said, …

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My tenant has told me that he will not pay rent this month. What can I do? Can I change locks? Can I hold his stuff until he pays me?

This is a question we received today from a brand new landlord. What can you do if the tenant has told you that he is looking to move but also has not given you notice or has told you that he will not be paying for his last month’s rent? This is the exact situation …

Read moreMy tenant has told me that he will not pay rent this month. What can I do? Can I change locks? Can I hold his stuff until he pays me?