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All Forum Posts by: Martin Guerrero

Martin Guerrero has started 24 posts and replied 76 times.

I am setting up our airbnb listing, and got to the page where we select an experienced guest or any guest.  Any advice on which is preferable or if there is a difference?  Also any lessons learned or things you would have loved to know for the very first time? Thank you so much in advance.  

@everyone thank you all for the input.  I did get another applicant.  One last piece of advise...is having an eviction on your report hold greater significance than a lower credit score with no eviction history? I do realize there is much more than that to any scenario and the whole picture is important.  I did have another applicant one which has no eviction but her credit score is pretty low at the moment, in addition to that the unit upstairs (its a duplex) the tenant vouched for them and wouldn't mind them as their neighbor.  Thank you again everyone for taking precious time out of your day to provide input and advice

Thank you @Caroline Gerardo credit history checks out asides from these few months back in 2022 her credit score is 700+ at the moment.  She stated had some trouble due to covid during that time but all her payments before and after have been made on time.  Again, the eviction was dismissed but still shows up and she got caught up.  Area would be a C/C+ neighborhood and all other applicants have come back at 600 or below.  Employment verification checks out...at the moment no other applicants unfortunately, 

Hello fellow Landlords, 

I am in the process of screening a potential tenant and it appears they may have had some trouble early 2022 where they might have missed rent payments and it looks like eviction process was started.  Looking at criminal record looks like it was the following 

Action Type: CIVIL DISMISSAL

Filling Type: CIVIL DISMISSAL

I would assume they got current and the proceedings were dismissed.  I understand we all go through hardships at times..I still have yet to ask tenant her side of story and what happened which I am planning on doing.  Have you experienced something similar, what would you do? Too risky? or have compassion? Thank you in advance :)

Post: out of state guarantors

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

Thank you all for the input I appreciate it @Corina Eufinger @Richard F. @Bjorn Ahlblad

Post: out of state guarantors

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

Has anyone ever accepted a parent who wants to pay the rent for their son who is attending school out of state?  A mother has reached out and wants to rent out our place, her son attends school in my state WI and she lives out of state but stated she would be paying the rent.  I will of course screen all tenants over the age of 18 which is son and two other roommates...just wanted to see if  anyone has had any experience with something similar. Thank you in advance :)

Post: Tenant paying rent ahead of time

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

Thank you everyone for your input and feedback. I had also spoke to my wife and anytime she rented she always paid one full year in advance. Just seemed strange to me for someone to do that when you can use that money in other ways. She used our property management software to make payments so no checks involved.  Will look into Wisconsin laws a bit more but from what I can see nothing that stands out Wisconsin does not require interest paid. 

Post: Tenant paying rent ahead of time

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

Has anyone over had tenants pay for 5 months up front? Curious to know how other landlords see that or have handled it in the past.  Had a tenant just sign a lease income and references checked out, she paid the security deposit and first months rent.  I use rent redi about a week later she made 5 months rent payments through rent redi. 

Post: Accepting applications and Guatantors

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

@Nathan Gesner thank you for your reply and your feedback.  I agree with you that it is more important to look at the overall picture.  

Post: Accepting applications and Guatantors

Martin GuerreroPosted
  • Lake Geneva, WI
  • Posts 76
  • Votes 27

Thank you so much @Richard for your feedback and advice. I appreciate your valuable time.