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All Forum Posts by: Elizabeth Spillman

Elizabeth Spillman has started 1 posts and replied 4 times.

I agree with Elizabeth about the detailed lease. It allows you to create expectations and when they make illogical requests, it's extremely helpful to be able to point to the words in writing that they've already signed off on. Regarding the requests for showings, I put the requirements that I am going to need in the ad for the property. In MN, you are required to notify prospective tenants of what will qualify them prior to application. For example, in the property ad, I write: qualified tenant defined: Credit score of 580+ Monthly income 2x rent amount Positive previous landlord reference with no money owed No felony convictions or violent crimes This is not to say that there aren't exceptions, but any applicant not meeting this criteria as it's spelled out can be rejected. This really helps to weed out those who wouldn't qualify and greatly reduced my number of pointless showings. I also reiterate it when setting up the showing via email. Hope this helps!

Post: To all the female investors!!!

Elizabeth SpillmanPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 5
  • Votes 2
Awesome! Just joined the FB group!

Post: What's your day job?

Elizabeth SpillmanPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 5
  • Votes 2

I rehab full time and occasionally represent buyers as a RE agent

Post: New member from Minneapolis, MN!

Elizabeth SpillmanPosted
  • Real Estate Agent
  • Minneapolis, MN
  • Posts 5
  • Votes 2

Hi!  My name is Liz and I'm a brand new member to this site.  I'm a full time flipper in the Minneapolis/St. Paul area.  I'm a licensed agent and have 5 years experience in residential property management.  I'm looking to expand my network and learn as much as I can from my fellow flippers out there!  Thanks for reading!