Poor Applicant Pool
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Poor Applicant Pool (by GKARL [PA]) Feb 22, 2018 6:24 PM
       Poor Applicant Pool (by NE [PA]) Feb 22, 2018 6:45 PM
       Poor Applicant Pool (by DJ [VA]) Feb 22, 2018 8:29 PM
       Poor Applicant Pool (by David [KY]) Feb 23, 2018 1:55 AM
       Poor Applicant Pool (by Ms Biz [IN]) Feb 23, 2018 5:06 AM
       Poor Applicant Pool (by Ms Biz [IN]) Feb 23, 2018 5:06 AM
       Poor Applicant Pool (by Robin [WI]) Feb 23, 2018 5:31 AM
       Poor Applicant Pool (by Gail K [GA]) Feb 23, 2018 6:50 AM
       Poor Applicant Pool (by AllyM [NJ]) Feb 23, 2018 7:34 AM
       Poor Applicant Pool (by NE [PA]) Feb 23, 2018 8:03 AM
       Poor Applicant Pool (by J [FL]) Feb 23, 2018 8:20 AM
       Poor Applicant Pool (by Vee [OH]) Feb 23, 2018 10:23 AM
       Poor Applicant Pool (by GKARL [PA]) Feb 23, 2018 7:10 PM
       Poor Applicant Pool (by Ray-N-Pa [PA]) Feb 28, 2018 6:31 PM


Poor Applicant Pool (by GKARL [PA]) Posted on: Feb 22, 2018 6:24 PM
Message:

Still trying to fill the vacancies at my four plex and the applicant pool is bad. Many are crashing and burning on the pre-qualification not even getting through the application. If I can, I pre-qualify them before but others just show up at the open houses and apply then. Had a young lady yesterday who showed up who worked at a local hospital as a medical receptionist. Income was good and she seemed okay. Mentioned she had a couple of kids, no problem. She commenced completing the app and stalled when she got to the area about prior landlords--she had only been with her existing LL a month and claimed the LL didn't fix anything and that's why she wanted to move. My eyebrow was raised at that point, but told her to proceed and give me the information for the LL prior to the current one. She stalled again--"let me tell you my story". Apparently, she lived in local area government housing and was evicted because her male friend was "doing bad things without her knowledge".

I'm also getting a lot of "I'm currently living with relatives". I even had someone who as bi-polar call who was going have a ESA dog given to her. When I asked what sort of dog it might be, she said it was probably going to be a Lab. Her caseworker called back and thankfully said her income was insufficient. Can you imagine the combination of being bi-polar and an ESA? I can't begin to imagine how that one might end.

I was hoping to fill these by March 1, but it looks like April is more likely. I've been getting a lot more calls so, hopefully as we move toward April, the applicant pool improves.

Still looking at rent by the room scenarios and have settled doing it with one large apartment that I can rent as three rooms. Renting it as a single unit would be $ 900 but renting it as rooms would be $ 1700. The issue is whether I should just do it "undercover" without worrying about getting licensed. In my city, you're supposed to get a regulated rental license anytime you have 3 or more unrelated people living in an residence. However, tenants move folks in all of the time. I just had a call today from a group of three roommates looking for a 3 bedroom. Why should I let them split $ 900 rather than me getting $ 1700? If they show up, I think I'll propose renting to them by room. That way there's no problem if one roommate wants out. The others continue and I fill the vacancy.

--207.172.xx.xxx




Poor Applicant Pool (by NE [PA]) Posted on: Feb 22, 2018 6:45 PM
Message:

The weather has been nicer and the dregs have been out lately. I'm finally filling one tomorrow after almost 3 months vacant. She's mediocre at best after countless bums. I've tried every trick in the book for this one. They just kept coming!

Some would disqualify me for some reason: too small, too far from work, whatever and then call back in 2 days, and call again and again and again. That stuff really gets old after a while.

I loathe screening. It's gets old so fast and the longer the unit sits vacant, the more I can't stand the prospects! Hahaha. --50.32.xxx.xxx




Poor Applicant Pool (by DJ [VA]) Posted on: Feb 22, 2018 8:29 PM
Message:

I know what you mean. Perhaps tax return time will provide moving funds for those who use the IRS for their annual savings.

I wonder if you can get around that law by renting it to the three of them month-to-month as a unit for $1700, and being liberal in your willingness to release a single tenant & rewrite the rental agreement with the new tenant added whenever needed --68.105.xxx.xxx




Poor Applicant Pool (by David [KY]) Posted on: Feb 23, 2018 1:55 AM
Message:

Same here. It took almost 3 months to find a decent new tenant for my latest rehab. Nothing but drug addict looking people missing half their teeth showing up smoking a cigarette in the dead of Winter. It's always worth any wait since I live in the empty units so carry costs are very minimal for me. --173.239.xxx.xx




Poor Applicant Pool (by Ms Biz [IN]) Posted on: Feb 23, 2018 5:06 AM
Message:

We have had a vacant 30 days now ...

And our area is in a great rental market just have not found a qualified applicant with move in $ yet.

Tax returns just started to show up this week I thought great !!!

But I have realized how many non qualifiers with full move in costs are interested now. Itís hard to wait for that good qualifying tenant with move in cost. But they always do show up. --67.199.xxx.xx




Poor Applicant Pool (by Ms Biz [IN]) Posted on: Feb 23, 2018 5:06 AM
Message:

We have had a vacant 30 days now ...

And our area is in a great rental market just have not found a qualified applicant with move in $ yet.

Tax returns just started to show up this week I thought great !!!

But I have realized how many non qualifiers with full move in costs are interested now. Itís hard to wait for that good qualifying tenant with move in cost. But they always do show up. --67.199.xxx.xx




Poor Applicant Pool (by Robin [WI]) Posted on: Feb 23, 2018 5:31 AM
Message:

I'm going to count my blessings. 25% turnover last year, 0% vacancy rate, all responsible tenants who pay on time and take good care of the properties. We fell into a sweet spot where a small local area is in very high demand. When we have a new property available our current residents tell a family member or friend and it's filled without us even advertising. --204.210.xxx.xxx




Poor Applicant Pool (by Gail K [GA]) Posted on: Feb 23, 2018 6:50 AM
Message:

Just rented a SFH after being empty since December. Thought I died and went to heaven; went to a single engineer whose salary will be 100K a year.

On this house I first tried FB Marketplace. It has been a disappointment. While the ad clearly stated no history of evictions, at least 85 percent of the people who expressed interest had such. It is depressing how many are so casual about being evicted. In more than one instance folks had been evicted several times.

Gail --71.203.xx.xx




Poor Applicant Pool (by AllyM [NJ]) Posted on: Feb 23, 2018 7:34 AM
Message:

I have a bi polar with a small dog that she had. The grandmother manages her. If you have a cosigner and a person who could manager her from her family she might be OK. But a first floor is necessary with a big dog and she might not be real careful about getting it outside in time. --73.33.xxx.xxx




Poor Applicant Pool (by NE [PA]) Posted on: Feb 23, 2018 8:03 AM
Message:

I was just talking to my wife about the lease signing at the unit I just rented to the "mediocre at best" prospect.

I told my wife that she is the best of the worst.

Sometimes that's what you get.

Crumby little units tend to get crumby little tenants, but

boy can they cashflow! --50.32.xxx.xxx




Poor Applicant Pool (by J [FL]) Posted on: Feb 23, 2018 8:20 AM
Message:

Bipolar actually sounds like a legitimate reason to have an ESA, for once. At least it's a real, serious condition. --72.188.xxx.xx




Poor Applicant Pool (by Vee [OH]) Posted on: Feb 23, 2018 10:23 AM
Message:

Just last week the church gave back the big house so time to take apps on a 3bd 2ba large colonial, large yard - you could have 2 families in this and they hardly see each other except the laundry has to go thru the kitchen.

I met a few new helper people but nobody knew of a large family wanting to rent this one, got a new painter from the bunch but I am gonna train him to pull romex with me first and see if he might catch on as electrical helper - seems everyone can paint but someone has to do the skilled trades. --76.188.xxx.xx




Poor Applicant Pool (by GKARL [PA]) Posted on: Feb 23, 2018 7:10 PM
Message:

I had a ton of calls today. I expect a busy open house this weekend. I have one tomorrow and Sunday. I'm going to get there early to prep. Much heavier call volume than last week. There were at least 3-4 folks who pre-qualified well over the phone. We'll see how it goes. I think tax refunds are starting to hit. --207.172.xx.xxx




Poor Applicant Pool (by Ray-N-Pa [PA]) Posted on: Feb 28, 2018 6:31 PM
Message:

If someone suffer from lackofcreditinious, can they also qualify for a ESA? --24.101.xxx.xxx





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