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Updated about 5 years ago on . Most recent reply

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46
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Jonathan Wildy
  • Investor
  • Atchison, KS
6
Votes |
46
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Standard application criteria?

Jonathan Wildy
  • Investor
  • Atchison, KS
Posted

I see more and more tenant friendly or landlord horrible state laws. I have had to take two ESAs non-disclosed at time of lease signing this year. How do I make a set of criteria that seems so crazy no one lives up to it but I pick the most qualified? Or, do I have to have someone qualify based on the criteria? Kansas City is now trying to pass a rule that a landlord must accept HUD and other vouchers for rent.... I don't see how if the voucher is $600/month but the rent is $1500 for that place? To me it's a no brained that the person can't afford to live and pay the bills? I'm not in KC yet but I think this new development will keep me out. So, I'm looking for a standard set of criteria and then is it possible to overlook a criteria at discretion or does that negate all criteria?

Most Popular Reply

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28,061
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41,068
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,068
Votes |
28,061
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

@Jonathan Wildy you misunderstand how vouchers work. If rent is $1,500 a month and the voucher is for $600, the tenant has to pay the difference. They don't get to rent your house for $600.

I don't like vouchers. I don't like people that use vouchers. Yes, there are some that need legit help but most of them get the voucher and then suck on that teet until the milk runs out instead of making an effort to improve their situation. I've also had some pretty bad voucher tenants that have stopped paying rent and caused thousands in damages, apparently from drugs. But some Landlords have good experiences with vouchers and the money does come in on time.

  • Nathan Gesner
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