All Forum Posts by: Iesha Padilla

Thanks Filipe, 

We are new to renting and being landlords, so we just don't want to be having to chase down the established tenant on the lease, in the event that the others end up not being able to pay rent. 

I just don't think that they are being transparent with their intentions. And if in the end that will come to bit us in the butt.  

Thank you Caroline. 

I have had a young couple apply for my 2bed 1bath apartment in my multiunit. The girlfriend is unemployed and stays home looking after the couples 1 year only son. Her credit score is 522.

The boyfriend has a 615 credit score and has had a job since April 2019 working at the same company his father manages. He is only bringing in about $2,500/mo. He and his girlfriend alone do not meat the income requirement for this rental, as it is $1,075/mo +$1,075 security deposit.

This is where it gets interesting:

The boyfriends father also filled out an application to be a co-applicant. Under reasons for moving he has: "This is my first time renting. I own a house in Heber, CA, but due to a change in my personal circumstances I will be moving out." (mind you, everyone applying here currently lives together). His credit score is 776, no total debt, and is bringing in about $4,500/mo. He said that he would be able to afford the mortgage on his current home and the rent required at the rental property, because he says his wife pays a portion of the mortgage too.

Upon conduction a walkthrough of the property, I was told last minute that the father could not make it (so now it is just the couple and their child). I told them that they could do the walkthrough, but if I haven’t rented out the property yet and the father still wanted to see it himself, that he would be welcome to schedule a viewing. The girl friend said that the father if very busy and travels at least 6 months out of the year and wouldn’t be here at the property often.

For me, red flags seem to be popping up all over the place. Are they attempting to use the father as an undercover co-signer and should I decline the application? and if so, on what grounds can I do this?

This is my husband and I's first time renting to people, as we are first time landlords. Any and all advise is welcome. Thanks

Thanks for the great advice you guys. 

My husband and I are listing our first unit on Zillow. We are taking all of the pictures for it today. The question is: should we post the exact apartment number in the address for the public to see? Or should it just be the address to the multi family unit? For security purposes? 

Thanks @Jennifer Donley.

@Greg Scott thanks for the advice.

My husband and I own a multiplex in El Centro. Hoping to rent to Section 8 voucher holders, but we are still in the process of rehabbing units. Looking for some helpful tips that the HUD website doesn't specify, so that we can implement them while renovating. Any advice would help. Thanks in advance.

Thanks @Alexander Szikla. Our rental property is in California. We will take a look at all of these.

Thanks @Jennifer Lyles. We are definitely looking into that.