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Aug 6th, 2022

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How to Hide Comments to the Assessment Of Condition Of Rental Property

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have you ever wondered how to analyze a rental property to tell this a good deal or if its not a good deal well in this video Im gonna let you look over my shoulder as I share the approach and the formulas I use to analyze a rental property and I promise you is gonna be so simple you can do it on the back of a napkin an envelope or whatever scrap of paper you might have in fact thats what Im gonna do Im gonna draw on a piece of paper and show you what I mean I mean no fancy calculators or spreadsheets in this video and were getting started right now hi Im Chad Carson from coach Carson comm Im also the author of retire early with real estate a best-selling book published by bigger pocket if youre new here this is a channel all about investing in real estate so you can achieve financial independence and do more of what matters be sure to hit the subscribe button in the bell so you dont miss anything now Im gonna pull out a piece of paper and a pen and show you my back of the e

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What credit score is needed for renting an apartment?

Most individuals or companies renting an apartment want credit scores from applicants to be 620 or higher. People with credit scores lower than 620 may indicate a high risk of default on rent owed.

How do you get around a bad rental reference?

If your landlord is giving you a bad reference, you can present references from other sources to balance out your application. Seek out letters of recommendation from a different previous landlord, current and past employers, business associates and neighbors.

How important is landlord reference?

Why is a Landlord Reference Important? As is the case with any tenant reference check, a landlord reference acts to reassure a landlord that a rental prospect is a good one. Increasingly, landlord references are also helping prospective landlords to easily narrow down on often lengthy lists of keen renters.

How can you fail tenant referencing?

The primary purpose of an inspection is to evaluate the overall condition of a rental property; specifically to check if everything is in good working order and reasonable state, both the interior and exterior.

How do I secure a rental property without past references?

Offer to Sign with a Guarantor or Co-Signer If you dont have any rental history, you may need a cosigner to sign the lease with you. Technically a cosigner is someone who signs the lease with you and is considered a roommate. The best option is a family member who is financially stable and trusts you.

What is the landlord law changing in 2023?

As a landlord, you will be responsible for arranging a landlord electrical safety certificate for each property you own. From 1 April 2021, you will need a landlord electrical safety certificate (also known as an EICR certificate) for your property if you dont already have one.

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