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All Forum Posts by: Yinan Q.

Yinan Q. has started 25 posts and replied 211 times.

Post: Who is reponsible for maintenance such as gutter cleaning and roto rooter?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Thanks for your responses. Exactly what I need.

Post: Who is reponsible for maintenance such as gutter cleaning and roto rooter?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61
Who is reponsible for maintenance such as gutter cleaning and roto rooter? The LL or the tenant? I have the impression that if it's not the tenants fault to clog the gutters or the sewer, the landlord should take care of it. I'd like to hear how other LL approach this.

Post: Do you guys use BP Smart Move for tenant screening?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

The BP smart move does no pull eviction record or does it? Thanks

Post: Should I require anyone over the age of 18 living in the apartment be put on the lease?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61
Originally posted by Samson Kay:
I ended up saying that the total household income must meet 3 times the rent, and who ever contributes to that amount must be included on the lease. And left it at that. Hopefully that is acceptable.

That's a valid statement.

Post: How many showing generates a qualified tenant

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Elizabeth Colegrove
Wow, Elizabteh, your record is really impressive. Maybe I should consider lowering the rent a bit and see how that goes.

Post: How many showing generates a qualified tenant

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

I know the answer is the lengendary "it depends"......

Here is my story. First time landlord with first single family rental.

I held an open house last Saturday and had 8 parties looked at the house. 3 are quite serious (at least I think so as they spent quite some time to check out everything).

Got one incomplete application the same day. They said will send me copy of pay stubs one Monday. But today they told me they've changed their mind for some family issues (don't know exactly why).

I have big, clear pictures in my listing. I even have a video tour so that the potential tenants should have a good idea of the layout of the house.

I do pre-screening with emails. I let them know my requirements (no smoking, 3x income, no eviction, etc.) once they show interests in my house. This screens out at least 60%, they never reply back. So I assume who shows up for the showing are "pre-qualified".

Now, back to my question: how many "pre-qualified" showings will generate a qualified tenat?

Post: Is my screening policy too strict?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Thanks all for your suggestions and comments.

I will drop the bank statmentment requirement unless for self-employed renters. I will also drop the pay stub requires as income can be verified through employmer anyway.

Post: Is my screening policy too strict?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Just bought our first rental property. It's a single family house and the prevailing rent would be around 1,300 to 1,400.

I ask the tenant to submitt 3 months bank statments, 3 months pay stubs, employer information, landlord information for the past three years. I also told them I am going to run credit/criminal checks on all applicant 18+ yo.

Am I asking too much for screening?

Post: Is is legal for seller to accept another offer after agreeing to take the first one?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Thank you for your quick responses. I will take the lesson with me and move on.

BP ppl are great! I've learned a lot from you!

Post: Is is legal for seller to accept another offer after agreeing to take the first one?

Yinan Q.Posted
  • Engineering Consultant, Investor
  • Seattle, WA
  • Posts 213
  • Votes 61

Negotiated with the seller back and forth a few time and finally seller agreed to take my counter offer yesterday. However, seller agent told my agent that they've accepted another offer today before we send in our paperwork.

My question is: is it legal/ethical for the seller and their agent to do so? My agent has all the emails and txt msg about the negotiation and them agreeing to take our offer.

Thank you for your comments/suggestions!