Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

Better to lose nearly $10k in rent (~50% of 90 day rent value) than get a risky tenant.Especially if you self manage, make sure you understand the protections provided mid term renters in CA.Good luck Hey Dan,Do you mind sharing for what reason(s) you disqualified the potential tenant?

Originally posted by @Ayodeji Kuponiyi:@Karma Senge Thanks for sharing!

I also appreciate you offering to share your contacts, I'll reach out and dm you!

Please share the deals you've already executed.

Hi @Sequaisa Mcphearson, most people won't want to share trade secrets like this, because they are afraid their local competition will see the tricks and get more doors...But hey, I'm here to help, so here goes:-First, don't assume your market positioning is correct. 

Feel free to share your insights, ask questions and connect with other members.

This method is not only practical but also reflects a deeper understanding of the property's income-generating potential.Also, we cannot leave out banks in this equation as lending practices in the real estate sector also align with this approach.

Realize that if the place needs repairs, that will be reflected in the offers you get. 

It's best to be honest with your counsel and share each members strenghts and weaknesses as it will help your attorney provide the best legal services.