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24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.
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30 December 2024 | 15 replies
So I'm seeing units being held back for longer... sometimes months to find a qualified bulletproof applicant.
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25 December 2024 | 12 replies
Be extremely cautious when processing your next applicant, this one seemed doomed from the start.
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19 January 2025 | 47 replies
What’s being tokenized and offered to investors are income rights—a legal claim to a percentage of the rental income and, if applicable, appreciation in property value.
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23 December 2024 | 25 replies
They told me they have a few SB-9 applications in process and expect it to take 3-4 months (ADUs they're deciding within 30 days).
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23 December 2024 | 11 replies
You screen applicants because you don't know them!
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13 December 2024 | 7 replies
Quote from @Teekap Pate: Hello, I have my first tenant application for my investment property come in.
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8 January 2025 | 29 replies
or scammed them on their application fee (like we're going to make a ton of money off those).
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23 December 2024 | 3 replies
My tenants Lease Agreement expired May 2023, putting them Month to Month, is this still applicable?