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All Forum Posts by: Scott Schuhwerk

Scott Schuhwerk has started 1 posts and replied 39 times.

Post: #29 rental was purchased today

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

That is awesome, congrats on #29!

Post: Small house (1,000 sf), big profit (57k)!

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Nice work, the finished product looked amazing! 

Post: SF Bay Area investor

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Timo, I am in the Sacramento area, own/run a property management company I see a lot of solid investments here if you are interested in talking let me know. 

If the tenant currently owns and recently sold his/her home, I verify they paid their mortgage on time via their most recent credit report and mortgage statement.

If they have been renting and I cannot obtain verification of rental history then I look at compensating factors, how is their income, job stability, credit.   If solid credit and income but lacking the housing history then I would request an increased deposit or co-signer.  

Post: First wholesale deal in 3 weeks at 18

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Nice work Brian, way to take action! Would love to see your contracts 

Post: Lender from Los Angeles, California

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Welcome to Bigger Pockets Dana!

Post: Rental agreement

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

@Jim, I would recommend a real estate attorney for this to keep yourself covered, however another alternative is Nolo - http://www.nolo.com/products/landlord-tenant/landlord-forms

Post: New Member From New Jersey Eager to Learn and Act

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Welcome to the forum Antonio!  

Post: OHIO

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Looking to connect with Ohio investors, rehabbers and wholesalers as well, anyone that fits this please connect with me!

Post: Newbie from Irvine, California

Scott SchuhwerkPosted
  • Lender
  • Lincoln, CA
  • Posts 45
  • Votes 17

Welcome to the forum!  Following this thread as I am looking for the same, in Northern CA and looking for niche markets as well outside of the state (more affordable areas) 

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