All Forum Posts by: Sandy Gabin

Hi Sabrina,  

This is my first time reading about a town lowering the credit score.  I just learned something new! Remember to look at other factors in the application such as the screening process.  There was a couple where I wanted to rent one of my units,  and when I checked the application,  their credit score was low,  but not only that,  when I called their current landlord to ask if they were up to date with the rent,  the answer straight forward was,  NO. That was a big red flag for me.  You know that I didn't rent the unit to them! Good luck in your journey!!!

I would like to comment on this one.  When I bought my first multi family property,  the owner told me from the beginning that I had to evict the tenants,  because they weren't good tenants.  One tenant would not pay the rent while the 2nd tenant had a bad attitude.  So yes I inherited it the problems that came with it. My mayor fear was going to court,  and I was able to confront both tenants. At the end,  they were out of units. Don't be afraid or feel a little fear when you will be the big boss. Trust me, I was in your shoes. It will be your turn to organize and to set your own rules.  On my end,  I did spend more than a year to fix the units, and I was able to set my rules and did do a month to month contract with all tenants. Where I am from,  apartments are ALWAYS in high demand.