Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

72
Posts
14
Votes
DAVID GAGE
  • Handyman
  • THUMB, MI
14
Votes |
72
Posts

People giving insufficient info on applications

DAVID GAGE
  • Handyman
  • THUMB, MI
Posted

I've started using the application off of BP because its so complete and thorough. Since I've been using it I have handed out a dozen or so and have only had one person fill out the entire app. . One lady was even appalled at the idea of giving me her bank account info. I live in a very rural area so i think its small town thinking that has everyone thinking that I'm being to strict. I DON'T plan on changing the app. . If they don't like the way i do business then I don't want them in my rental. That being said I was just wondering if anybody else has this type of problem. I'm having a hard time finding the perfect renters. Starting to wonder if they even exist.

Most Popular Reply

User Stats

174
Posts
103
Votes
Terri Pour-Rastegar
  • Rental Property Investor
  • Charlotte NC Fort Mill SC Lake Wylie SC, SC
103
Votes |
174
Posts
Terri Pour-Rastegar
  • Rental Property Investor
  • Charlotte NC Fort Mill SC Lake Wylie SC, SC
Replied

My application is quite involved and asks for a lot of info, and I make no apologies for it. Personally, I consider the application to be another PRE-screening tool. I too have had prospective tenants choose not to fill it out because they thought it was asking too much. That's fine. They can rent somewhere else. My requests for information are not unreasonable.

Consider this: you are planning on lending your house for a year or more. You have a right to make sure they're worthy.

My app does not ask for actual account numbers--only name of bank and amount on hand today. However, I do sometimes request a copy of the most recent 2 bank statements (and, as was previously mentioned in this thread, they can cross off the account #). I've needed this to help confirm that they can afford the place.

BTW, there is no such think as the perfect tenant. But you can stick to your standards and require good tenants who can pay the rent and take care of the rental property as you want.

  • Terri Pour-Rastegar
  • Loading replies...