4 May 2025 | 8 replies
When choosing a screening service, make sure it covers:Credit Report – Looks at payment habits and financial responsibility.Judgments & Liens Search – These don’t show on credit reports anymore but can uncover unpaid debts.Nationwide Eviction Search – Past evictions are a big red flag.Nationwide Criminal and Sex Offender Search – Helps spot any serious legal issues.Income Verification Report – Pulls real bank deposit info instead of relying on pay stubs.Yes, it is standard practice to have the applicant cover the cost of their background check.
6 May 2025 | 224 replies
Common Area Maintenance Charges, or CAM charges, are utilized in triple net leases with multiple tenants.
5 May 2025 | 42 replies
Also, check the local sex offender registry.One last tip: ask the current owner/landlord or manager the following: "Would you rent to these tenants again?"
18 April 2025 | 7 replies
Biggerpockets has some great tools to anaylze deals:https://www.biggerpockets.com/investment-calculatorsAlso, YouTube will go a long way in helping you learn...plus maybe consider coming to some of the local chicago in-person events: https://www.biggerpockets.com/forums/521-real-estate-events-...Maybe connect with @Cam Schwartz he's a local Chicago lender, and I have seen him closing lots of deals with investors lately.Are you looking to do deals in Chicago or any particular area?
14 April 2025 | 7 replies
I follow the property rehab through a company cam that gets updated regularly, so I am aware of the work that is going on and the product I’m receiving before and after.
14 April 2025 | 16 replies
I have had a PM give a prospective tenant the key to visit a property and they stole the appliances (had a door cam) - these are reasons why I do not limit their exposure.
21 April 2025 | 180 replies
Optimally, the individual finding the properties cam also liquidate them.
10 April 2025 | 1 reply
I intend to buy in the Mercer and Middle sex counties.
11 April 2025 | 12 replies
.➤ Criminal Background Check – Includes national, state, and county-level records, along with sex offender registries (where legally allowable).➤ Judgments & Liens – These are no longer included on any credit report but are still very relevant—especially for spotting unpaid rent or property damage claims filed by past landlords.
10 April 2025 | 10 replies
Since many students don’t have established credit or rental history, it’s important to adjust your screening process while still protecting yourself as a landlord.Screening Student Tenants:➤ Always run at least a criminal background check, including a sex offender registry search.