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Updated over 9 years ago on . Most recent reply

User Stats

102
Posts
17
Votes
Brandon G.
  • Middle Tennessee, TN
17
Votes |
102
Posts

Sceened tenants, 1st time for our first property

Brandon G.
  • Middle Tennessee, TN
Posted

We took over management of a property this year.  I just put signs out Saturday and have about 10 calls on the property in the last 3 days.  I've been listening to the podcasts for quite a while and this is my first post, other than my introduction, so that's a pretty cool step for me.  It's funny because you can listen and learn forever but when it comes time to do it I feel like it almost all flies out of my head at the last minute.  Anyway, the forums and podcasts have been very helpful.

I'm currently out of town so I had someone show the house for me.  We decided to have a showing on Wednesay between 6 and 6:30 pm, staggering 5 different people that were supposed to show up between those times.  Out of 5 people only two showed up, just as others on the podcasts have explained.  I think having a showing with multiple people showing up is a bit unorthodox for this area but I think it really weeded out a lot of the potential problem tenants.  Those that were serious found a way to make it to the showing and were willing to make the effort.  

I now need to determine the best way for me to do credit and background checks.  I'm not sure why but I have this looming hesitation about this step because it is all completely new to me and I found I have a small amount of dread.  I would prefer to use a local store rather than an internet website and then when I find the credit score, I'm honestly not exactly sure what to do with it.  I've read online that mid 600s is passable credit and 680 and up is good.  

Most Popular Reply

User Stats

56
Posts
29
Votes
Travis Christl
  • Real Estate Agent
  • Victoria, MN
29
Votes |
56
Posts
Travis Christl
  • Real Estate Agent
  • Victoria, MN
Replied
I think you made a mistake by having someone else show your property. Credit and background checks are critical but don't underestimate the info you gain in a showing. It's like an interviewing someone for a job. Why are they moving, what are they looking for, how do they carry themselves. All are critical free info you missed.

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