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All Forum Posts by: Kexin Ma

Kexin Ma has started 2 posts and replied 3 times.

Post: Screening and selecting tenant question

Kexin MaPosted
  • Investor
  • Buffalo, NY
  • Posts 3
  • Votes 0

Hi, I am new to being a landlord. I got some pretty good applicants (at least on paper) on my first time showing the house. I have 3 questions:

1. I know there are some applicants they are not going to afford the house. But they still fill out the application. Do I have to verify their income/reference just because they submit the application? 

2. Among those who can afford the place, there are four types of people I categorize: a. working single guys. b. part-time working students (but there is one group particularly polite) c. stable family with two older kids. d. section 8 family with younger kids. In terms of prediction on how long they will stay there, how well they will take care of things, and other factors. Any suggestion who should I take first?

3. There is actually two units in the apt. I would like to hear some experience pairing clients. After all, less conflict would be better for me. 

Thank you. Any advise would be appreciated.

Post: Parking Space question-please advise

Kexin MaPosted
  • Investor
  • Buffalo, NY
  • Posts 3
  • Votes 0

Unfortunately even I expand the driveway, I couldn't get two cars side by side. But thanks for other advises. That's what I thought, eliminate problem between tenant should be the first.  I am just a little bit concern about the unit with no parking will be hard to rent out. But I guess if I could adjust the rent to compensate it. Someone will take it, right?

Thanks

Post: Parking Space question-please advise

Kexin MaPosted
  • Investor
  • Buffalo, NY
  • Posts 3
  • Votes 0

I am new to being a landlord, and I just purchased a 3/3 double, which has a one car garage with a driveway that could potentially park a few more cars, but then it will block the car in front of  it. There are some on-street parking around. Anyone could provide some insight on how to rent this out better? Making one unit accessible to the garage and the driveway and the other have to park on the street? BTW, I am in the north, parking on street could be a problem when there is snow. 

Also, if I remove the deck in the back, and remove the garage, I could probably make the backyard into 2 or 3 parking spots. But that seems like a big job without gaining more parking spaces overall. But if that's worth doing, it could be a project down the road.

Any advise will be appreciated. Thank you!