New Member from The PanHandle!

[David Flores]

Hello everyone. I am a new member to the park it's a definite not a newbie to real estate investing. I start investing in real estate in 2007. I've been holding onto two bedroom two bath condo in the beach away. I also own a home in Florida which I recently listed for sale. Because I don't want it to be too long on the market, I've decided to proceed with the property as a rental. Also because im planing on building a new home for my family. My issue is that I've always gone through property manager. This time I want to do it all myself since I am local. Not sure how to go about selecting the right tenant and having them fill out an application and checking the references. What about credit report and verify income? Thanks in advanced for any advice.

[Shannon Slade]

Welcome, make sure to post in the New member forum. 

We use Cozy.co for rental payment from tenants and for background/ credit check.  Cozy is a very user friendly.  You and your tenants can link your checking accts to make and receive payments and its free to use.  

Some of our requirements are:

Income needs to be at least 3 times rent - Verify by calling employer

No evictions in past 3 years

No pedophiles

Verify current living status

Also do some social media trolling, we have had several times they meet the criteria above but it comes down to a character judgement call.  If I notice too much drama, whining or blaming others for their problems, then it's a NO.