All Forum Posts by: Melinda Miller

Matt

Thanks for the info. I think you responded to my post about the property in 63125, but I can't find it.

I'd like to talk with you in detail about it. 

Hello All

I'm in search of a good and fair mentor. I'd like to expand my holdings. Also in search of an agent that will list an occupied property (63125).

Thank you!

Finding good tenants.

My criteria list includes "No violent felonies."

Yes to blinds and curtain rods. Once and done. (Apologies to Mickey and to Hefty)

You might want to join the St Louis group on here. 

I'm in Saint Louis City. It attracts tenants and gives you one up on the competition. In that demographic the best they can do is tear up the door and flooring moving it in and out, and it will leak. At $500 new with warranty I do it.

First. Be consistent. Fair housing laws.

Once you've covered that, think about your potential renters and the class of property. 

You can hold A and B to a certain credit score. C probably not, and D not at all. 

Mine are all Cs. I don't care about credit score itself. I look at WHY the score is low. Medical, student loans, no problem. 

More important is the criminal background. No violent felonies, no dealing.

Checking with past landlords is not worth the trouble imo. The tenants lie, the "landlords" lie. 

Employment steady, income steady. Those are the rent payers. 

@Steven Mallow

Thank you. I will check on the Chamber of Commerce. We might be in the Carondelet Chamber. 

Following. 58 and ready to retire. Spouse is retired.