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All Forum Posts by: Arthur Banks

Arthur Banks has started 65 posts and replied 352 times.

Post: Tenants child just turned 18. What do you do?

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

Do you now add said child to the lease? If so, do you require a screening (criminal, credit, etc.)? If so, what if you find negatives (ex: criminal convictions you would normally decline an applicant)?

Post: Is there a 'one-stop' source for Criminal, Credit and Eviction screening?

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

Is there a 'one-stop' source that provides Criminal, Credit (report & score) and Eviction screening that's less than $40 and allows applicant to pay? I looked at BP's recommended mysmartmove, screeningworks, & myrental.com. Either the company doesn't provide all three or they charge > $40. Mysmartmove doesn't have Eviction Report. Screeningworks provides Credit Evaluation in place of Credit report & score). Myrental.com requires landlord to pay. (not a huge deal, but considering others allow applicant to pay online I'd like to be as streamlined as possible)

I've searched and searched the forums and perhaps I missed it or just haven't come across the answer yet, as there are 1000's of posts regarding screening... I'll keep looking in the meantime.

Thanks in advance.

Post: Chicago Meetup for August

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

Hate I missed it, but renovation finally started on my units. So I had a good excuse. Looking forward to the next event.  

@Brie Schmidt I guess that celebratory drink will have to wait (even tho' I don't drink ) :)

Post: Downloadable documents on your website?

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

@Dick Rosen Are you saying your docs are readily available on your website?

Post: Downloadable documents on your website?

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

What are the pros and cons of having your documents for download on your website? I came across a site with rental agreements, move-in checklist, pet addendum's, etc. and wondered what may be the con's, if any, of having documents readily available. If you have doc's online, how has that worked out?

Post: Marketing "non-rent ready" properties

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

The rehab consists of renovating kitchen and bath and all else is simply paint and refinish hardwood floors as far as the interior.  That being said I'll make sure the kitchens and baths are complete before I start marketing. 

Thanks all. 

Post: The Newest Newbie from Chicago! Looking for wisdom and GOOD people.

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78
Dyryl Burnett Welcome! I co-sign the suggestion above to get the books by J Scott. Helped me a lot with construction/contractor costs.

Post: BP app crashing

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78
When ever I post from the iPhone mobile app and then try to view responses to said post, the app crashes. This only happens when trying to view MY post. I can open and view others posts. Has anyone experienced this?

Post: Marketing "non-rent ready" properties

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78

I wasn't saying I would show it prior to being finished. I'm asking if anyone markets during rehab. There's a pretty successful guy here that is marketing 'for rent' during construction and I just wanted to get others responses. 

Post: Marketing "non-rent ready" properties

Arthur BanksPosted
  • Real Estate Investor
  • Waukegan, IL
  • Posts 367
  • Votes 78
How do you market your properties that are in the middle of a rehab? What do you when an applicant wishes to see the property? How do you handle the application/background checks?