Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 4 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Lizbet A.
1
Votes |
2
Posts

What to message inquiries?

Lizbet A.
Posted

Hi everyone, newbie landlord here renting out for the first time. I posted my SFH for rent a few days ago and have an application that I have accepted and am now just waiting for them to sign the lease. I am still getting a few inquiries for this property and do not want to completely ignore them just incase the applicants I chose do not end up signing the lease. I want to message the interested people using the following

"Hi Thank you for your interest. Just a few notes.
All persons over 18 will need an application completed.
Minimum credit score 700
No evictions/ clean background
income at least 2.5 times the rent.
If you feel like you meet all the criteria we can schedule a time for you to see the home. Also I just want to let you know there have been many inquiries on this property and can't guarantee it will be available before you are able to see the property. If a lease agreement is signed before then I will let you know. Thank you."

Does this sound fair? I would hate to give people false hope, but at the same time I don't want to ignore them. Any advice is welcome. Thank you. 

Most Popular Reply

User Stats

1,386
Posts
1,537
Votes
Adam Martin
  • Rental Property Investor
1,537
Votes |
1,386
Posts
Adam Martin
  • Rental Property Investor
Replied

When do they plan on signing the lease and handing over the deposit.  I do not consider them tenants until they do and they have 24-48 hours that I will hold the property and after that they have disqualified themselves and I am no longer interested.  This is part of my screening and is one of the biggest things I use to weed out tire kickers and sob stories that will just be repeated when rent comes due.  It's never came back on me but during this time I don't respond to messages but if I responded back 2 days later and explained I had an approved applicant that bailed I am sure a good applicant would understand.  Sure there is a chance you could loose 1 or 2 but I personally call everyone who shows interest to do a phone prescreening where I am taking notes that I refer back to after the showing to ensure everything matches and weed out those that will not qualify.  I don't have time to call applicants after I have already selected one but when I turn off the add I do message each of them copying and pasting the same message thanking them for their interest but it has been rented as a courtesy.  

Loading replies...