Tim Daniels
Private lending LLC denied banking accounts - options?
28 November 2023 | 11 replies
I confirmed in writing that company policy was to not lend to any federally illegal industries, and went a step further to say we will not lend to any crypto or similar industry that could be evading US banking restrictions (and thus BSA/AML regulations).In the end I was given a flat rejection by 3 major banks, 2 credit unions, and two online banks with no chance to explain my case before a credit union (who had told me no originally) saw the light.
Vinh Nguyen
how to run tenant's credit score?
20 January 2021 | 58 replies
If you do a hard pull and reject someone based on that pull, you are required to provide a letter explaining why they were rejected.
Kristina Hinostroza
Tenant applies, now what?
22 July 2023 | 10 replies
Viewing this background information from each tenant is a very good initial source of information to eliminate some tenants such as their rent to income ratio (3x or above is the normal rule of thumb), no prior eviction record (a prior eviction will automatically make us reject an application), and credit score (I personally do not weigh credit score when I select a tenant but others may).
Eric G.
That's Just Criminal
26 January 2020 | 19 replies
You can expect nonsense like this to continue to increase for two reasons: the increasing felony population in certain cities and the increasing number of leftist politicians that see housing as a right.The main thing to remember is that you can't base a decision on criminal behavior but that doesn't mean you can't reject them for other reasons.
Mary Jay
Moral dilemma on eviction
31 March 2023 | 45 replies
New Testament Christians were outcast,rejects, and matyrs.
Jamie Gruber
Advice on offering on multiple properties
4 October 2016 | 13 replies
If they reject it, no skin off your back.
Maria De La Vega
Rent increase/tenant has been for two years with same rent amount
5 August 2023 | 50 replies
, and offers three options: Tenant agrees; Tenant rejects and acknowledges they will be vacating within the period required by local law; or, they may request a compromise or other changes, which will be considered and responded to.
Kelly N.
Does it get easier to deny people?
21 October 2023 | 32 replies
If you reject people that don't qualify and would struggle to make the rent, you are doing them a favor by rejecting them.I would have no issues with this one.
Jeffrey Richard
ESA animal and no pet policy
4 December 2023 | 12 replies
If it is legit, you can't reject it.2.
Anissa Allen
New Investor !!! Looking for HOT market !
3 August 2023 | 33 replies
I agree with @Remington Lyman, don't give up yet on that market just because you have been rejected a few times.