Approve or Deny Tenants?

[Cameron Mitchell]

Hello BP,

I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't the best candidate. Has the income, credit is 450, past eviction, and DWI's. Not sure if I should approve them for the winter to get some cash flow or keep trying to get different people. The home has been on the market for about 20+ days now. Only two applications but a lot of interests. Any advice helps, Thanks!  

[Michael Swan]

Hi @Cameron Mitchell

Where are you marketing your place?  I use FB marketplace Free and I get over a thousand views and even during this time of the year I get 25-50 message replies per week.  When they reply with “Is this still available I leave a reply like this to them and I have them directly call and text my PM’s cell phone.

Here is my reply:

Yes. We provide you with your own furnace and water heater, no old Boilers that can break down giving you a lack of control. So you pay your own gas and electric and a small monthly water/sewer utility fee like the complexes around here in Mentor.

Rent is $825.00.  You need to make at least $2,475.00 a month. NO evictions and we check your criminal background, rental history, credit, and we need pay stubs too. No Section 8. We love your furry (pets)family members for a $40.00 fee 25lbs or less and if more than 25lbs $60.00 per pet per month, plus pet deposit. 2 pets max please.

Thank you for your interest in becoming a resident at Cardinal MPARK Apartments in Mentor. Tell them you saw the ads on Facebook when you call. Please leave a voicemail and then a text message to the number below. Candice will get back to you as soon as she is finished helping other residents etc.

Candice would love to give you a personal tour!! This one will go really fast!! We rarely have a nice apartment home like this come available.  Hurry!!

Candice
(I put the phone number here)

Often her voicemail is full with messages and she get lots of text messages.  The next day I message them again asking:

Any luck contacting Candice regarding a nice Apt Home at Cardinal MPARK Apartments?

Candice (I put phone number here again).

Then the next day I do the same again and the day after, the same again.  Often on the third day believe it or not, they reply:

Oh. I forgot.  I will contact them tomorrow or ai will call now.

I say,

Great!! Please leave her a voicemail and a text message please.  Take care.

remember, this is all copy and paste on my phone.  Soooooo easy.

If they don’t reply after the 3rd reminder I delete their message etc…

If they say I have been trying and getting no response, I ask them:

What is your first name and phone number?  I will let Candice know right now.  Please keep trying too.

Then, I send my PM their name and phone number (simple copy and paste) to my PM.
 

Easy as that and copy and paste is sooooooooo easy!!

Swanny