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All Forum Posts by: Di Ye

Di Ye has started 6 posts and replied 16 times.

Post: One of a rental applicant couple has lower credit

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

Thank you all for helping! These are so helpful!

Post: One of a rental applicant couple has lower credit

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3
Originally posted by @Dave Fridley:

@Di Ye- Typically your state has a public court search website. For example in Indiana we have mycase.in.gov. depending on where the history of the person was... is the state of public court system you need to search. Watch out for all the pay websites that will "search for you"... I have learned this lesson before and avoid them. 

It appears that CA does it by county. For example you're looking for someone who lived in San Jose, look in Santa Clara county's public case search here... https://www.scscourt.org

It takes some looking and clicking around, but once you have the right site, you're good to go. Look for civil cases and see if there are any evictions filed under small claims court (that's at least how they are filed here in IN).

 This is super helpful! Thank you so much, Dave!

Post: One of a rental applicant couple has lower credit

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3
Originally posted by @Dave Fridley:

@Di Ye Whatever you do and whatever your method of screening... you must remain consistent! If you apply one standard for one applicant and another standard later down the road, you can find yourself in some nasty situations legally. 

I am a believer that people's past is a predictor of the future. I've been doing this since '05 and I've only evicted two people in our small 12 unit portfolio since then. Credit is a funny predictor and I personally choose not to run credit. It costs money and I can get public records for free that I deem more reliable than the credit bureaus. 

Stay Consistent.

How do you find public records of a person?

Post: One of a rental applicant couple has lower credit

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

Hi! What do you guys do if a couple apply for your rental unit, one of them has a great credit score, and the other one doesn't?

Post: How can we let tenants pay rent with their credit card?

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

@Michael Ablan Oh I forgot you can pay with credit card through Venmo! Almost all of my tenants pay me via Venmo already. Thanks a lot for the info, Michael!!

Post: How can we let tenants pay rent with their credit card?

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

@Bjorn Ahlblad @Scott Mac

Got it! Thanks, guys!

Post: How can we let tenants pay rent with their credit card?

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

I’m trying to think of ways to help my tenants in case some of them cannot come up with rent on April 1st. I currently don’t have a way to accept payments through credit cards but I think that might be helpful for tenants? What do you guys think? How can I start accepting credit cards?

More context:

- I don't have a registered business or LLC.

- I only have a few units in California.

Post: Month to month or one year lease

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

@Bjorn Ahlblad Ah good point! Thank you so much for the pro tip, Bjorn!!

Post: Month to month or one year lease

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

@Bjorn Ahlblad why do you think MTM protects the landlords better?

Post: Month to month or one year lease

Di YePosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 16
  • Votes 3

@Bjorn Ahlblad thank you for the tip!