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All Forum Posts by: Jay V.

Jay V. has started 10 posts and replied 29 times.

Post: Why am I not getting applications back!

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

Thanks for the reply, Gail. In most cases I do have a few questions that I ask first, unless I am going to be over there already anyways. The questions are: Any past evictions? How many people will be living in the home? How many incomes contribute to the household? Is it more than 2.5 times the rent? and How long do you plan to rent for? 

I appreciate your reply and I will keep moving along. In fact, I did have one prospect say that they want to see the home again before they pay for the application process. Let's see how that turns out! 

Post: Why am I not getting applications back!

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

I bought my second and third rental property back to back and, after a little rehab, I am trying to rent them out. The tenant for my first property came super easy but I am having no luck getting applications back for these houses. I have talked with about 10 people/families that I would really like to rent to and, they seemed very interested, but they never return the application! And never respond to my follow up. These are C and B neighborhoods but the houses are priced $25 below market rate and I know they are the nicest houses in the neighborhoods. At first, I used a printed application and I was going to meet up with them the next day and collect $25 to run the screening; but I never hear from them. I have now been trying to use SmartMove and I have sent numerous interested families the application but they don't respond! Recently I have been telling people that if your application is accepted that I will take the fee off first months rent. Doesn't seem to matter. I have literally received zero applications back in a month. 

Is it normal to get people that seem very interested but never so much as look back once they leave? What am I doing wrong?!

Post: Should I rent to them?

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5
Ok great! I will offer that as an option. Thank you

Post: Should I rent to them?

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5
Thanks for the replies! I have actually been only talking to the wife, so far. And she told me immediately about his felony. He did 3 years in prison and out on parole and doing all of his classes. This is a class C neighborhood. I do like the idea of a month to month. Are there any draw backs with this method? Thanks again

Post: Should I rent to them?

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5
I have been trying to rent out my second property now for a month and have not had very good luck. The area is not the greatest but in a good school district. I have had 3 people ask for applications and then never heard back and the only feedback I have received is that it's a bad neighborhood and they don't want to live here. I now have a younger family that wants to move in, they both have jobs and 2 kids but, the father had a domestic felony in 2012. Is this usually a deal killer for you? I don't want to be desperate but I do need to rent this house out. The mom has a great job with the city. I'm also starting to think that this is the only kind of tenant that may be interested.

Post: BRRRR ("fix and rent") in Oklahoma City area

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

Hi Deborah, can you explain what those questions you should have asked are? Thanks!

Post: October Oklahoma City Meet Up

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

I'll be there! 

Post: Private lending help in OKC

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

Thank you Courtney!  Let's connect through PM and set up a time. Looking forward to meeting with you!

Post: Can anyone recommend a good home inspector in Oklahoma City?

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

Thanks!

Post: Can anyone recommend a good home inspector in Oklahoma City?

Jay V.Posted
  • Investor
  • Oklahoma City, OK
  • Posts 31
  • Votes 5

Needing a good investor friendly inspector in the OKC metro area. Thanks