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8 October 2024 | 3 replies
I think it's an added benefit if you have an applicant that has a Tesla.
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7 October 2024 | 2 replies
We use software that tells us risk levels of potential applicants to avoid these type of issues.
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9 October 2024 | 12 replies
Did you use a state-approved contract (if applicable in your area)?
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8 October 2024 | 5 replies
Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice.
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7 October 2024 | 4 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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2 October 2024 | 6 replies
We process nearly 1,000 applicants per year and rarely have criminal problems.
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8 October 2024 | 22 replies
I recently accepted a prospective tenants application for one of my rentals.
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7 October 2024 | 5 replies
Plus, I would vet the tenants with a background check, application, etc to weed out murderers.
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9 October 2024 | 11 replies
What % of applicants do you approve to become a tenant?
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7 October 2024 | 6 replies
During the Demos we were told that they had plenty of clients that used auxiallry software like PropertyMeld maintenance and FinDigs application screening with RentVine and loved it.