Sid (by 6x6 [TN]) Jan 14, 2019 4:53 PM|
Sid (by 6x6 [TN]) Jan 14, 2019 5:09 PM
Sid (by 6x6 [TN]) Jan 14, 2019 5:18 PM
Sid (by 6x6 [TN]) Jan 14, 2019 5:28 PM
Sid (by Vee [OH]) Jan 14, 2019 5:30 PM
Sid (by 6x6 [TN]) Jan 14, 2019 5:39 PM
Sid (by 6x6 [TN]) Jan 14, 2019 5:42 PM
Sid (by Dave [MO]) Jan 14, 2019 5:43 PM
Sid (by Still Learning [NH]) Jan 14, 2019 6:51 PM
Sid (by BRAD 20,000 [IN]) Jan 14, 2019 6:54 PM
Sid (by BRAD 20,000 [IN]) Jan 14, 2019 6:55 PM
Sid (by Oregon Woodsmoke [ID]) Jan 15, 2019 6:11 AM
Sid (by S i d [MO]) Jan 15, 2019 6:21 AM
Sid (by Lucy [IN]) Jan 15, 2019 7:59 AM
Sid (by 6x6 [TN]) Jan 15, 2019 12:13 PM
Sid (by Ray-N-Pa [PA]) Jan 17, 2019 7:38 PM
Sid (by plenty [MO]) Jan 17, 2019 7:43 PM
Sid (by 6x6 [TN]) Jan 18, 2019 11:42 AM
Sid (by 6x6 [TN]) Jan 18, 2019 2:27 PM
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Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 4:53 PM
I am reading the post you told me to look up. If I am reading correctly you set up an appointment to view there current home. So they are aware you are coming to view there home ahead of time,right? --73.120.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 5:09 PM
I am still reading your post and came across something else. I had a guy yesterday evening who told me he was from another state and he has been staying in a hotel with his boss for three months. I know I do not want anyone like this but how do you disqualify them? I am assuming they would probably have other disqualifying things show up but could or would you tell them they disqualified for that reason. --73.120.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 5:18 PM
You say you require there income to be garnishable so if it is not do you tell them they are not qualified for that reason. I would have to check my state laws on that but I don't think it was mentioned. If you do not tell people these types of reasons,what do you tell them. Or do you tell them any thing. --73.120.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 5:28 PM
Sid, you brought up a good point about hiring a middle schooler to teach tech. I might look into that idea to teach me a lot of tech stuff later. What would you suggest paying? --73.120.xx.xxx
Sid (by Vee [OH]) Posted on: Jan 14, 2019 5:30 PM
You process the whole application, I drive by to see if uncle Eddie has his motor home setup like the Xmas vacation movie, then just drop in for them to fill in something I thought was filled in before, once you see inside you know what your place will look like in 3 weeks.
Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 5:39 PM
Stole this from Mike(VA) from the other post. How do you deny the applicant if they fail the in-home inspection but passed everything else up to that point? I really appreciate your time and advice you give me. Thank you a lot. --73.120.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 14, 2019 5:42 PM
Thank you Vee, I really appreciate your help as well. All of you guys and gals are great. --73.120.xx.xxx
Sid (by Dave [MO]) Posted on: Jan 14, 2019 5:43 PM
They failed the in-home inspection. You can deny on that alone. --173.216.xxx.xxx
Sid (by Still Learning [NH]) Posted on: Jan 14, 2019 6:51 PM
Why would staying in a hotel for 3 months disqualify the person? Although 3 months is a long time, we had about 2 years where 2 businesses were doing a large amount of hiring so people would get the job and need to move immediately. The companies put them up in a hotel for a short time period. It is possible the person was saving money for deposits, making sure they liked the job, etc. For me, 3 months in a hotel wouldnít be an automatic disqualifier. I would want to know why. They would also need longevity at their last employment and to have fulfilled their lease from their previous rental along with my other criteria. --24.61.xxx.xx
Sid (by BRAD 20,000 [IN]) Posted on: Jan 14, 2019 6:54 PM
The ones who donít pass...they know...they donít call and ask.
Whatís wrong with a guy staying with his boss?
Sid (by BRAD 20,000 [IN]) Posted on: Jan 14, 2019 6:55 PM
...long term hotels and residence style inns are popular with contract workers.
Sid (by Oregon Woodsmoke [ID]) Posted on: Jan 15, 2019 6:11 AM
My caution about the applicant living in a motel with his boss:
I occasionally get applicants, mostly construction workers, who will claim that their best buddy is their boss for their work reference. If this is construction or some sort of contract work that isn't for a big established company, this can require some extra work to verify the income of the applicant.
Its one of the spots on the application where applicants lie. If they work for a local company and claim their buddy is their boss, that is easy to verify. But its not so easy in construction type employment or any sort of subcontractor job.
I don't generally accept applicants that are living in long stay motels, but a little extra screening on this one would be worth the effort. Three months is pretty much past my motel living disqualification, but it would depend upon circumstances. --98.146.xxx.xxx
Sid (by S i d [MO]) Posted on: Jan 15, 2019 6:21 AM
Wow, I was asleep at the wheel or something to miss all this until this morning... ;-)
I suggest you reverse your thinking and it will answer almost all of your questions. I am not trying to DIS-qualify them; they are trying to QUALIFY with me. That puts the burden on them to meet my requirement vs. me assuming they're good to go and then trying to find a reason or excuse.
Honestly, I can "DQ" anyone for any reason, so long as it does go against the protected classes of Federal Fair Housing and any pertinent state laws. You're shoes are red? I don't like red shoes. DQ!
Now that's a stupid reason and obviously I'd never do it, but if you think in those terms, it helps.
One of my requirements is stable rental history OR if they lack history completely I can do it with a co-signer if everything else checks out good. College students commonly fit this and parent(s) co-sign. Negative LL refs...nope. There's no fix for that.
So to the in-home screening. That's a requirement. If I can't do it, they don't pass. So how to do it for a long-distance person? Easy. Find a local real estate agency to wherever they live. Offer the guy/gal on floor duty $50 to go check their current place out (i.e. get a form signed). They report back with pictures and notes. It's easy money for them, and there are plenty of starving Realtors looking for something to do.
What if they live at mom and dad's house? I go visit mom and dad's house.
What if they are living in an extended stay motel? They should have told me that on the pre-screening form under "describe your current living arrangements", and we would have stopped right there, saving them and me time and money. These tenants are high risk: I have never had a successful tenancy that started with someone in a long-stay hotel.
Is going to where they currently live intrusive? Maybe to some. I will be as intrusive as necessary to protect my investment.
What do I do if they fail the in home? The same thing I do with all others. Mail a letter/email: "We regret that we cannot approve your application at this time. If you would like more information, please send a stamped, self-addressed envelope to ABC Rentals....allow 4-6 weeks for a response."
In 14 years of LLing, I've never received a request for why the app was denied. They know. They just didn't think I'd really check.
What else? --173.20.xxx.xxx
Sid (by Lucy [IN]) Posted on: Jan 15, 2019 7:59 AM
S i d, I put up a website with my current available properties. I then post them on Facebook, and get hundreds of "Good morning, is this available" messages. So I've set up a copy and paste post giving them the instructions (that were already in the ad), directing them to my website. Very few go ahead and fill out the form for a showing, but some do that are not qualified due to low income. Do you inform them then they are not qualified due to income or what do you then do?
Do you advertise on Facebook? I swear 600 people are hitting that "is this available" button requiring a response. I don't think that many would call on the phone if I posted my phone number. Looking for more guidance..
Thanks. I also post on Craigslist and get zero inquiries from those posts anymore. How do you direct them to your website. --69.160.xxx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 15, 2019 12:13 PM
The guy took an application and got a copy of list of forms I was needing and general requirements which I also have on my website. I have not heard back since. I just did not get a good feeling about the guy either. He is a plumber supposed to be relocating to live here so why is it taking him three months to find a place. --73.120.xx.xxx
Sid (by Ray-N-Pa [PA]) Posted on: Jan 17, 2019 7:38 PM
Cleveland already has the Christmas Story House. Now you are proposing a Christmas Vacation House?
Eddie really made the movie........I also loved the cat scene too --72.23.xxx.xx
Sid (by plenty [MO]) Posted on: Jan 17, 2019 7:43 PM
6x6. . In your ad there is a place to list appliances. You only list diswasher and refrigerator... but the picture shows a cook stove... add that to your list of appliances included... if it is. Also if its a smooth top mention that! --99.203.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 18, 2019 11:42 AM
Thank you all. Plenty, I will check that out,thanks. --73.120.xx.xxx
Sid (by 6x6 [TN]) Posted on: Jan 18, 2019 2:27 PM
Ok,I am hating zillow. I am trying to make changes and update and it does not seem to work. --73.120.xx.xxx
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