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All Forum Posts by: Nina Sylvains

Nina Sylvains has started 13 posts and replied 33 times.

Post: Company paying for Tenant's rent

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Hi All,

Thank you all for your advice! Unfortunately, I didn't hear back from the guy after I told him I would run a credit  check on the company :/. Don't know if he was not telling the truth or found another place. Either way I will keep looking for a tenant!

Post: Company paying for Tenant's rent

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Thank you both for your prompt reply! This was very help. I'm really excited because this is my first rental and don't want to make stupid mistakes in my excitement. 

Post: Company paying for Tenant's rent

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Hello BP! I have a house for rent, and I've been contacted by a company who wants to rent it for a an employee. The tenant would be moving to area permanently (or for the rest of their employment with the company). They might also have other employees stay at the place while they transition.  

I have a few questions. Who do I credit check? I was thinking to rent directly to the company (have the company sign the lease) so they could have which ever employee they wanted at the time to live their without having to screen a new tenant every time they transition. The employer will send the check directly to me so it will never go through the tenant. 

Another question I have is what should some requirements be? For example for a regular tenant i have they must have a 650+ credit score, make 2x the rent etc. Should it be different if the company is signing the lease? Need help asap as they are wanting to make moves into the house soon. 

Thanks BP for your help! I look forward to your responses!

Post: welcome

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

@Dominick Miller 

Hey Dominick, 

Welcome to BP! This is a great site with a wealth of information! Have fun researching!

Best, 

Nina

Post: Unpaid Rent - Tenant Moved Out

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

@Michael L. undefined

What template did you use? I'm in the same situation and wanted to get a contract for my tenant to sign stating that she knows she owes back rent (5 months worth!) and will pay it back. I'm in Oakland, Ca and this city is not friendly to Landlords. If anyone has any information that is specific to Oakland concerning this situation it is greatly appreciated!

Best, 

Nina 

Post: How to explain using your 401k to a potential private lender

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

@Dmitriy Fomichenko 

Thank you for your help. I have read some of the post about this topic but I was starting to get confused but I'm sure that's part of the process. I'll continue to research and read until it all comes together. :)

Best, 

Post: New investor in Bay Area looking for investor friendly realtor

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Hi Everyone,

I'm looking for a Realtor who is investor friendly (especially friendly towards a new investor) in the East Bay area. I'm also looking for a Realtor who specializes in foreclosures. If anyone has any referrals it would be greatly appreciated! 

Post: How to explain using your 401k to a potential private lender

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Hi Everyone, 

I'm new to investing and trying to build up my private lender list. I want to understand  how to use your 401k to private lend for investing in a flip so I can explain it to potential lenders. 

Thanks for the info!

Post: Want to learn all I can about REI

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

Everyone thanks for the support!

@Dmitriy Fomichenko 

Thank you for the support and all the info! It is greatly appreciated!

Post: New to REI

Nina SylvainsPosted
  • Real Estate Investor
  • Oakland, CA
  • Posts 36
  • Votes 9

@James Wise 

My family and I are working on remodeling a rental property we own as practice for the "big flip." I'll probably post some pictures of those before and after to get some suggestions on what we can improve. Thanks for the support! 

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