All Forum Posts by: Blondell Chism

Thank you all for comments. We have used Zillow screening for our applications thus far. It does appear that we need more information about actual ability to pay the rent but in reading between the lines it appears that there will be two more adults living in the property, so we have more information to gather. Thank you all again...

We have worked through Zillow to advertise a midterm rental (also on other platforms too). However, today an application came through that meets our credit score cut off, but this person has NO credit cards, has closed all of the accounts, and has a bankruptcy that was dismissed in 2023 (not quite sure what that means). I am thinking this is not only a red flag, but wondering how someone with the bankruptcy would have a 685-credit score. Please advise how best to approach this situation. Their income is also all self-employed and social security benefits. Am I being too cautious?

We are looking for purchasing a multifamily property in the greater Sacramento area and sometimes the listing states "could be" a high cap rate investment. We are wondering what might make the listing agent state this and yet on the tour there was not a red flag. What makes a duplex a high cap rate investment. By the way, one unit is already rented for the year. 

Hello BiggerPockets community! I'm Blondell from Northern California, passionate about real estate investing for many years and finally hoping to have my first property in the next 6 months. I'm particularly passionate about midterm rentals.

Outside of real estate, I enjoy working with special needs adults and education about memory loss prevention.

Excited to learn and connect with you all!