I'm looking for direction on how to go about charging application fees. We've been bogged down with many inquires via Zillow rental manager, and about 85% of the inquirers are underqualified. What is the best way to g...
Do you all charge application fees? Refundable or non-refundable?
the Portland City Council approved a limitation on rental housing application fees during its August 3, 2020 meeting, which will be added to the City’s Code, Chapter 6, Buildings and Building Regulations, Section 223....
There are several methods of screening applications at scale and avoiding the time-wasters. One of them is charging an application fee. While this can serve to filter out some non-serious applicants, it can also pre...
Hi all, first post after scrolling through for months. I have an offer through a broker from a construction lender on a 2 family gut renovation in Boston that I'm looking at. Not sure if this is truly "hard money" or ...
Hey everyone, I searched around and couldn't find anything about this ( I may have missed something), but if you have multiple applicants, do you process all of them at the same time, or process them one at a time and...
After talking to a few banks, I've potentially found one that will do a 30k, 30 year mortgage for an investment property. But, they charge $325 non-refundable loan application fee. Is this normal/standard?
When my wife and I have rented places for ourselves previously, we only ever payed a single application fee. However, the prevailing logic I've researched says that each person over the age of 18 living in the house n...
I am currently trying to find a tenant for my first rental property and I've had many people come and look at our place for rent. Ive only had a few so far that are truly interested and so I have began the application...
I typically haven't charged for applications, but I just used an agent who charged $40 per adult.
Then I found this article about a landlord in San Francisco who took 250 applications for one unit at $40 a pop.
http...