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Rental Basics : Nationwide Real Estate Advice

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Activity 7,211
Tue Oct 31, 2017
Jessyka Boatright answered:
What exactly have thy offered you? If you currently have a contract for a set amount of years to lease the building than you would have to calculate your profit loss from moving your business. Since you have a contract that can not be broken you have an advantage.

I can help you with that if you would like. Let me know what I can do to help you.
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Tue Oct 31, 2017
Jessyka Boatright answered:
I am sorry what is your questions I can help but please restate your question.
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Tue Oct 31, 2017
Bonsantem asked:
Mon Oct 30, 2017
Frank S. answered:
Hello Madeline, yes it sounds like you could do it the way you described.
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Mon Oct 30, 2017
Staci Copeland answered:
They can't but what they do is charge you a ridiculous "processing fee" for doing so. Mine is another $40 if I pay by check. It's a scam because they want to avoid bounced checks, so they make it so you won't want to write one. I mean who wants to just give away another $30-$40 on top of already ridiculously high rent. ... more
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Sun Oct 29, 2017
Frunsia asked:
I just post my house for rent, but I found something wrong and want to delete the listing. I can't figure out how to delete it.
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Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
I would not pay any type of deposit, until after signing a lease. Things can fall through and you don't want to lose any more. As long as you pay the pet deposit before the pet enters the home you should be just fine! ... more
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Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
It all depends on what the market value is in that area. Normally rent prices always increase following the end of the lease, but the amount depends on what that comparable properties are also pricing their rentals at in your surrounding area.

My suggestion would be to use a rent comparison report before resigning to make sure you aren't paying a significantly higher amount then you should. It is a really important tool that can save you lots of money in the long run.

Check it out and hopefully that will help you make your decision.

https://www.turbotenant.com/rent-estimates/
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Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
The majority of landlords do. They have a written set of criteria they use to evaluate applicants and must rent to the first tenant that applies and meets their criteria. Pretty standard criteria I've seen is a credit score of at least 550-600, no evictions, no criminal history in the past X years or at all, and income requirements of at least 3X the rent (gross income).

It varies on each landlord or property manager though.
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Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
Check out TurboTenant. Once you create an account, interested tenants can apply on TurboTenant and will complete your online application and pay an application fee. Once they pay the $45 fee, you will have access to their background check, credit check, and full eviction report. It all comes from TransUnion so you know your report is up to date and accurate and the service is completely free to the landlord to use.

I hope this helps!
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Sun Oct 29, 2017
Jenifer Kynor, TurboTenant answered:
Open-ended questions are very important. Try to get to know your tenant while also understanding financial situations. You need to know income, more about their at job, credit score, etc. You always want to know background and criminal history (hopefully none).

Call the previous landlord. Ask if they were ever late on rent, how they left the condition of their home, any damages, and IF YOU WOULD RENT TO THEM AGAIN. If they say no, that is a huge red flag.

For work, verify they work there and their income. Make sure you see what their management thinks of their character. Are they a problem at work?

The goal of all of this is to make sure they are financially able to rent your home and second if you WANT them to. Will they be responsible, neat and tidy? Or a nuisance, disrespectful and messy.

Use your best judgement. If you have a valid reason to not rent to them and you are not comfortable, don't.
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Sun Oct 29, 2017
Dianna Lynn-cloud Birmingham asked:
Each state differs in maximum income for disability benefits. Right now in North Carolina I recieve $735 which is the lowest paying state in benefit amounts.But my main question is I've…
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Sat Oct 28, 2017
Frank S. answered:
Hello packeyconsulting, you should study RENT vs BUY listings to compare payments/prices to make an informed decision. You may qualify to buy and pay less than rent in many cities of WA.

Rentals usually require first, last and security deposit to secure a rental. It will depend on what cities/ zip codes you are considering and the maximum payment/price you are looking to achieve.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to afford you can be emailed listings to fit your search criteria.

The rentals in Auburn start from $725 for a studio apt, from $745 for 1bd 1ba apt in Seattle, from $1,275 for 3bd 2ba apt in Enumclaw and the single family homes start from $1,495 for 3bd 1ba home in Tacoma.

The purchase in Auburn start from 95k in Federal Way for 1bd 1ba condo, from 129k for 2bd 1ba condo in Tukwila, from 178k for 3bd 2.5ba condo and the single family homes start from 119k for 1bd 1ba home in Auburn.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the purchase. Check out the web reference links below...
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Fri Oct 27, 2017
Abejer asked:
I'm having a dispute with the landlord and want to leave. He's being picky about the perspective new tenants that I'm finding (he doesn't want couples, which is discrimination). Can I…
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Fri Oct 27, 2017
Monique Castro asked:
Hi, I live in an apartment complex in Garden Grove California. Around 2 months after my gf and I moved in in 2016 we were informed that our complex was providing a valet trash service and…
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Fri Oct 27, 2017
Carmenmduran asked:
Wed Oct 25, 2017
Frank S. answered:
Hello Jenny, you can show copies of cancelled checks or money order stubs for the months in question.

As a lender would require any documentation to prove payments made on time for a length of time. You may be able to put additional deposits if it is requested or a new landlord may not even ask.

You should study RENT vs BUY listings to compare payments and qualifications.

The rentals in Troy are scarce and they start from $795 for a 3bd 2ba mobile home. The purchase start from 79k for 2bd 1ba single family home. You may qualify to buy and pay less than rent in many cities of TX. Check out the web reference link below...
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