All Forum Posts by: Kristine O.

@Kristine O.Why are you doing midterm?   If you are taking people only 1-6 months you should read up the 30 day stay here and go on Furnished finder website as well as know your state laws. For shorter stays you are going to get alot of in between people with work history that is less than 2 years or new to a job. I use different criteria and a different lease for these month to month furnished stays than long term tenants. For long term I require renters insurance, for  a month I suggest it. I also write in the lease if the property is not habitable due things like fire the lease cancels (not sure you can do that in California). 

@Kristine O.

No problem.  Does your market use real estate agents for rentals?  Mine does.  Tenants pay the commission.  That helps cut down on the time involved.  I know there is an "anti-agent" sentiment on the boards, but if you can find a "good one," it can be a real benefit.  I looked around for 2 years until i found mine.

Hope this helps.  Happy to chat.  Good luck.

@Kristine O.

Are you self-listing?

You can do either way.  Find out which works for you.

Pre-screening might be nice with this strong rental market.  Keeps just anybody from showing up and wanting to see the unit.  Saves you time in doing showings.  However, just make sure you either fully screen them ahead of time or be clear that its just some sort of pre-screen.  For example, I'd make it conditional on proof in income/employment, etc.

You MIGHT also see if there is a customary practice in your market area.

Good luck.

You can tell declined applicants the reason for their denial, but I would recommend not going into too much detail. I've been doing property management for 5 years now, and I have a denial letter I've created. Something like: Hello, thank you for your application. . . unfortunately the application was denied to due x,y,z "does't meet income requirement." "unable to provide proof of income documents" ect. the application fee is non refundable . . if you have further questions, email here.

Overall, I think you should develop a screening process. Because you have to be able to protect the integrity of the property or unit by screening applications properly. It's a great start that you're asking for help.