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Updated over 3 years ago on . Most recent reply

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Kar Sun
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374
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Potential tenant pre screening

Kar Sun
Posted

I am at the pre-screenining process.

Every potential tenant has to answer a set of questions before I even show my property as I do not want to waste my time on tire kickers.

Potential tenant:

has a toddler

has one college age teen(over 18) who visits her

has another adult child who visits her

inherited some money 

currently lives in the area with her roommate who is also her landlord

My property is:

well taken care of A class property priced just below the market in a great area but I do have a high security deposit requirement

I am not in any particular hurry to rent to just anyone because I do not need a headache.

I do have a pretty good idea that she would not quality based on her income.

I do have very strict guest rules in a contract.

If they are not guests then they have to be on the application and qualify individually.

It already looks like it is a bit too complex.

Your thoughts on this?

Thanks

Most Popular Reply

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
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6,603
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Kar Sun I agree with your assessment. This applicant would not get past our initial 30-90 second conversation. She is impossible to screen fully, probably can't meet income requirements and is too unstable.

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