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Updated almost 6 years ago on . Most recent reply
how do you guys blow off obvious time wasters?
how do you guys get rid of tenants that you know you dont want? these people call wanting to see the place right away. and boy do i hate showing a place to people who waste my time. just from getting the person's name and number, i can sometimes see they're in bankruptcy, or have liens against them, or whatnot, just from searching public sites. i've tried ignoring these people. i also ask them to fill out a preliminary app, which states they will have to do a credit check. can i legally just tell them i dont like what i've found out about them from public records search? or is that too insulting? lol
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I somewhere a long the line went to open houses. I got ads in Craigslist, Zillow, etc. and I answer calls on where the property is, it's size, condition, and suggest they come take a look for themselves.
When I started, I do individual showings, vet them over the phone or mail, and that turn out to the biggest time wasters, for the following reasons:
1. People do not tell you every thing before hand, or lie, so when you make the appointment, then find out they're unqualified, you wasted your entire time and effort. My wife would never give info the people unseen, either by e-mail, phone etc. I have read recently identity thefts are carried out by advertising non-existent rentals and asking people for info on the pretext of vetting them. What better way to get info from you by saying "if you don't give me what I need to vet, forget about renting." Better than phishing.
2. About 50% of the folks who make appointments don't show up, drive slowly by the property and drive on because they don't like the neighborhood. I had one who skipped out on two appointments where I had to leave work early, but finally came on the third. Very rude. I foolishly rented to him and he turned out to be a crooked cop, arrested later for bribery and extortion. On his departure, took up my carpeting with him. I caught him doing it, my carpet was rolled up in the hallway, and he made the excuse he thought it was his, and he'll put it back. When I came back later, he was gone with the carpet. BTW, since he worked for the police department, lived home with mom, all the info on hand is good. It doesn't tell me he does bribery and extortion. His behavior does.
3. The most important issue for me in dealing with tenants is their personality. That I cannot determine vetting with paperwork. I have to determine it in interactions with the prospects. Some are jovial, others more reserved, others are, I guess I shouldn't say. A former boss of mine taught me to tell bad jokes and see how they react. My wife did an open house once, thought one prospect was OK to go further, but he insisted on paying us $100, which she refused, but he insisted, because he's going on a trip. She ask me to pick up the check so he won't keep calling, I met him, told my bad joke, he went bananas, his face turning beet red, a totally different person. Two minutes later, realizing what he's done, stopped, apologized. A few days later, advised him we're returning his check. He threatened to find us, kill us, because we wasted his time.
4. Doing open houses allows me to give tenants a time frame for making a decision, so I won't have to say I'm turning you down for this, that, or the other thing right there. I usually have 20-40 people showing up at a open house, where I pick up a dozen applications. When they ask, I'll say I need time to review them all and give every one a equal chance. After a few days, if they call, I would apologize if they're not picked, would've love to have them, but unfortunately I can only pick one.
5. When I did preliminary vettings, if I expressed an opinion they're not what I'm looking for, I get into heated arguments over discrimination. Once I had a small one bedroom for rent, someone with a family of four insisted on coming and I said it's a bit small. He ranted for a few minutes on how he's discriminated against. Thought showing it would be a waste of time both for him and me. With a open house, I would say "by all means, come and see". If he ask later, I just say it's rented, sorry, so many people want the place.
6. Some people insist I have to rent to them because they saw it first, and very insistent about it, saying it's the law. With a crowded open house, I don't hear that anymore.
All in all, that's my rant on time wasters.