I am ignorant (by CJ [MO]) Jul 1, 2020 9:29 PM|
I am ignorant (by Nellie [ME]) Jul 1, 2020 9:52 PM
I am ignorant (by Salernitana [CA]) Jul 2, 2020 12:32 AM
I am ignorant (by CJ [MO]) Jul 2, 2020 1:05 AM
I am ignorant (by JKJ [MA]) Jul 2, 2020 6:02 AM
I am ignorant (by Steve [MA]) Jul 2, 2020 6:05 AM
I am ignorant (by MC [PA]) Jul 2, 2020 7:54 AM
I am ignorant (by MC [PA]) Jul 2, 2020 7:58 AM
I am ignorant (by Ken [NY]) Jul 2, 2020 7:59 AM
I am ignorant (by myob [GA]) Jul 2, 2020 8:17 AM
I am ignorant (by plenty [MO]) Jul 2, 2020 8:27 AM
I am ignorant (by CJ [MO]) Jul 2, 2020 8:40 AM
I am ignorant (by MC [PA]) Jul 2, 2020 8:45 AM
I am ignorant (by Busy [WI]) Jul 2, 2020 8:46 AM
I am ignorant (by Busy [WI]) Jul 2, 2020 9:26 AM
I am ignorant (by GKARL [PA]) Jul 2, 2020 11:30 AM
I am ignorant (by Marie [MO]) Jul 2, 2020 11:38 AM
I am ignorant (by Ken [NY]) Jul 2, 2020 12:03 PM
I am ignorant (by Diane [MA]) Jul 2, 2020 12:33 PM
I am ignorant (by Vee [OH]) Jul 2, 2020 1:13 PM
I am ignorant (by plenty [MO]) Jul 2, 2020 1:20 PM
I am ignorant (by JKJ [MA]) Jul 2, 2020 1:36 PM
I am ignorant (by Robin [WI]) Jul 2, 2020 3:27 PM
I am ignorant (by CJ [MO]) Jul 2, 2020 3:32 PM
I am ignorant (by myob [GA]) Jul 2, 2020 4:11 PM
I am ignorant (by JKJ [MA]) Jul 2, 2020 5:29 PM
I am ignorant (by Busy [WI]) Jul 2, 2020 6:04 PM
I am ignorant (by CJ [MO]) Jul 2, 2020 6:37 PM
I am ignorant (by Busy [WI]) Jul 2, 2020 7:04 PM
I am ignorant (by Cjo’h [CT]) Jul 2, 2020 7:25 PM
I am ignorant (by 6x6 [TN]) Jul 2, 2020 7:33 PM
I am ignorant (by Cjo’h [CT]) Jul 2, 2020 7:43 PM
I am ignorant (by Cjo’h [CT]) Jul 2, 2020 8:34 PM
I am ignorant (by CJ [MO]) Jul 2, 2020 9:10 PM
I am ignorant (by Steve [MA]) Jul 2, 2020 9:57 PM
I am ignorant (by JKJ [MA]) Jul 3, 2020 11:48 PM
I am ignorant (by Busy [WI]) Jul 4, 2020 1:31 AM
I am ignorant (by Cjo’h [CT]) Jul 4, 2020 8:08 PM
I am ignorant (by Plenty [MO]) Jul 4, 2020 9:07 PM
I am ignorant (by Busy [WI]) Jul 4, 2020 9:39 PM
I am ignorant (by mike [CA]) Jul 6, 2020 2:46 PM
I am ignorant (by Cjo’h [CT]) Jul 11, 2020 8:12 PM
I am ignorant (by CJ [MO]) Posted on: Jul 1, 2020 9:29 PM
young gf and bf applied. Rent is $800/month. she works in Army 4k/month and he is police officer in a small city. Living with family "because of military"
She did not give me paystub or bank statement. has to waite to pay move in fund. Credit report show prior apartment collection. NO court case.
I finally understand why they do not have money while they both work. I called the supervise asked how long she worked there, how many hours a week she works there. I was told she works in the army full time temporarily because of the virus. Normally only works there 1 day a month and 2 weeks a year.
I am so ignorant. --104.186.x.xxx
I am ignorant (by Nellie [ME]) Posted on: Jul 1, 2020 9:52 PM
Her usual income must be “weekend warrior”. The National Guard/Reserve. And she has been called up to active duty. Which will end when COVID is eventually over. --71.168.xx.xx
I am ignorant (by Salernitana [CA]) Posted on: Jul 2, 2020 12:32 AM
Thanks for sharing your post. This is a dumb question, but did the couple only submit an application and no one signed a lease yet?
At least you admit the oversight, and in general, it sounds like you're improving and expanding your business. That's awesome! Best of luck and please share what happens if you need help. --73.93.xx.xx
I am ignorant (by CJ [MO]) Posted on: Jul 2, 2020 1:05 AM
They signed the lease by email, But theyhave not paid the move in fund.
I was too naive to suspect anything because she makes good money and work in the Army.
I asked higher the deposit to 2 month and they agreed. I hope both of them together can pay $800/month rent. --104.186.x.xxx
I am ignorant (by JKJ [MA]) Posted on: Jul 2, 2020 6:02 AM
Live and learn, next time you will know to verify first. Hopefully it works out and it’s a lesson learned. As a side note, I never rent to law enforcement! --174.242.xx.xxx
I am ignorant (by Steve [MA]) Posted on: Jul 2, 2020 6:05 AM
CJ, what do you use for a rental applications? Do you require each person 18 & over to fill it out? How do you check out / verify their info - use a screening agency like the one here / check local court records / do in home visits / call previous LLs / lookup their Facebook accounts / call employers? These are just some of the techniques most LLs use.
What do you use for a rental agreement - your own / a local LL group's / a local realtor's / Brad 20,000's lease or something else?
Do you belong & participate in any local LL groups? Do you network with any local LLs? Do you have any local friends who also are LLs? If not all of these would be very helpful to you.
Do you have any written procedures for checking out applicants / written acceptance requirements / written move in instructions / written procedures for dealing with maintenance issues / copies of your local & state LL / Tenant laws & regulations? I find that having these types of things written down in an easy to find & understand form makes running a LL business much easier.
Is there a book that tells what MO LLs can & can't do? For instance in MA there is a very through book call Property Management for Massachusetts Rental Owners written by H John Fisher that covers almost anything that a LL might encounter running a residential rental business.
Fortunately it sounds like you haven't given them their keys or allowed them to move in. Don't let them have keys or move in until all paperwork has been signed, all monies have been paid in full to you and all utilities have been transferred into their name.
I don't consider you ignorant. Instead I would say that you tend to react rather than act. IMO if you want to be successful in any business you need to plan your work & then work your plan.
I am ignorant (by MC [PA]) Posted on: Jul 2, 2020 7:54 AM
Did you tell them they fibbed on their app and are now turning them down? I don't sign until I have money-whether it is a holding deposit or all funds. --73.230.xxx.xx
I am ignorant (by MC [PA]) Posted on: Jul 2, 2020 7:58 AM
If she is Guard, there is no need to move in with family. Someone is lying to you and not a good start. Good for her service but if they did not produce the documents you requested by this point, everything going forward will be a stall, including your rent. For 2 working people, $800 is doable-the omissions are not. --73.230.xxx.xx
I am ignorant (by Ken [NY]) Posted on: Jul 2, 2020 7:59 AM
You haven't given them a key? don't give a key,tell them they lied and they have been rejected.Easier to deal with now than later --104.229.xxx.xxx
I am ignorant (by myob [GA]) Posted on: Jul 2, 2020 8:17 AM
wanna bet he sent the lease with his signature on it...........
JKJ MA live and learn-- naw!!!! how about "why don't you learn the basics"?
Thank gosh for LL's like this. It keeps our i.d.iot applicants down. --99.103.xxx.xxx
I am ignorant (by plenty [MO]) Posted on: Jul 2, 2020 8:27 AM
We've all done it, been deceived. If you can get out of it by returning their money and oa paperwork so be it. If it's too late and your moving forward. I would change terms to month to month and no grace period on rent due date. Upon the next face to face i would explain to them "this is an opportunity and do not disappoint me. My business is set up like clock work. If accounting doesn't received rent on or before the day rent is due notice is posted and the eviction process begins. Borrow from family if you must but paying rent is your first priority, understand?" They may step up, their military training may actually help you. Set the rules clearly goin in. THIS IS AN OPPORTUNITY.... --99.203.xx.xxx
I am ignorant (by CJ [MO]) Posted on: Jul 2, 2020 8:40 AM
I do most of Steve's list. But still lots to learn.
I do not know it is because I am naive or it is because she lied.
They sent military and police IDs. I thought they are over qualified until I checked their credit. Her employer is not the Army, but it is something "Banadna". I checked online I do not know what it is. I assume it is restaurant. --104.186.x.xxx
I am ignorant (by MC [PA]) Posted on: Jul 2, 2020 8:45 AM
If she is Guard, both might come up. But anyway and regardless, she lied. Guard is generally less than 300 for a weekend and the 2 weeks is a few hundred.. If she is "active", there would have been no reason for her not to show pay stubs. Her regular job has to keep it open for her. She lied and they did not produce documents. Call or email and decline due to inconsistencies and being unable to produce requested information. --73.230.xxx.xx
I am ignorant (by Busy [WI]) Posted on: Jul 2, 2020 8:46 AM
Thumbs up to Plenty’s advice. --70.92.xxx.xxx
I am ignorant (by Busy [WI]) Posted on: Jul 2, 2020 9:26 AM
CJ, if she is activated until this pandemic is over, that may be a long, long time. ( longer than one landlord even wants to keep his tenants. * wink* ) People DO gain skills upon being ‘activated’ in the Army National Guard, so she may be able to get a good job after this is over. Or not. But, isn’t there a bit of unforeseeable situation with any job situation?
The thing that would have concerned me was that they were living with relatives. To me, that means they probably were asked to leave their last place, and the eviction just hasn’t shown up yet because courts were closed. But, we are in unprecedented times, lots of strange things going on because of the virus .
I accept tenants with one eviction, and I have a conversation with them very similar to what Plenty said. It has gone very well so far. I am a small time landlord, with just a few rentals. But, I know larger landlords in my area who do the same thing, with very good success. --70.92.xxx.xxx
I am ignorant (by GKARL [PA]) Posted on: Jul 2, 2020 11:30 AM
Yes, live and learn. I've certainly made my share of mistakes but try to minimize that going forward. The key is verifying everything and if it doesn't smell right, it's not right. Also, you can't be too desperate to rent in a hurry. Far better to slow down and accept a longer vacancy than have a bad tenant. I agree that with not taking any police or any one involved in law enforcement. One of the things I've learned here that's been extremely useful is setting up a prescreening process. If done correctly, it saves time and angst for tenants and landlords alike. --209.122.xx.xxx
I am ignorant (by Marie [MO]) Posted on: Jul 2, 2020 11:38 AM
TO GKARL, JKJ - Why not rent to law enforcement? --98.156.xxx.xxx
I am ignorant (by Ken [NY]) Posted on: Jul 2, 2020 12:03 PM
Marie,I don't rent to cops either,actually I don't rent to anyone who has the ability to figure out where I live so that includes dept of motor vehicle workers also but specifically with cops I don't want anybody who thinks they can tell me how it is going to be and they are trained to be in charge but not when it comes to my rentals so no cops --104.229.xxx.xxx
I am ignorant (by Diane [MA]) Posted on: Jul 2, 2020 12:33 PM
Sounds like you did your due diligence, and screened them out properly. Hardly ignorant at all! You saved yourself a future eviction. --71.184.xxx.xxx
I am ignorant (by Vee [OH]) Posted on: Jul 2, 2020 1:13 PM
It seems she is filling trunks at a food pantry, so much to remember for folks who have done this 5-7-10 times and repeat the decisions, I don't remember what leader created the statement -If You Do The Same Wrong Thing Over And Over You Should Expect The Wrong Results To Occur-, it is time for a change regardless of Covid situation.
Between the lines I read family is tossing them out... --76.188.xxx.xxx
I am ignorant (by plenty [MO]) Posted on: Jul 2, 2020 1:20 PM
Cj. Call or text them. Tell them their file/folder is not complete and that you need 2 months bank statements and pay stub by Monday to complete their move in packet. Have they moved in yet? --99.203.xx.xxx
I am ignorant (by JKJ [MA]) Posted on: Jul 2, 2020 1:36 PM
Marie, as Ken said, I don’t want to rent to people that are use to having control over people. or can make my life hell. This includes prison guards, law enforcement, and lawyers, . MYOB, I was trying to say it nicely, but yeah I agree, I also agree with you that CJ most likely sent a signed lease. I say that because of their follow up posts. My impression is that CJ entered an agreement with this tenant, I could be wrong, but CJ said “they signed the lease by email” and “ I asked higher the deposit to 2 month and they agreed. I hope both of them together can pay $800/month rent.“ --174.242.xx.xx
I am ignorant (by Robin [WI]) Posted on: Jul 2, 2020 3:27 PM
You will only be ignorant if you let them move in. --104.230.xxx.xx
I am ignorant (by CJ [MO]) Posted on: Jul 2, 2020 3:32 PM
I had 2 prison guards who came to viewed my units recently. Both of them are bossy and very critical about everything in the unit or in the neighborhood.
I had one tenant's mom called to complain about the unit unsafe because her husband who is police officer said so.
I did not know it is general.
I thought retired couple was going to be good tenants, but the wife is the worst complainer and refusing to moveout.
I am ignorant (by myob [GA]) Posted on: Jul 2, 2020 4:11 PM
the 4 "P" not allowed in my properties.
2-Police (includes atty's DMV folks)
3-Politicians (includes atty's)
4- Property managers --99.103.xxx.xxx
I am ignorant (by JKJ [MA]) Posted on: Jul 2, 2020 5:29 PM
CJ, you haven’t responded to anyone’s question, have you already entered into a rental agreement with these individuals. --174.242.xx.xx
I am ignorant (by Busy [WI]) Posted on: Jul 2, 2020 6:04 PM
JKJ, do you want to know out of desire to help ( what help can be given, if CJ already has? Dunno...several have offered remedies...) Or, is your query just for prurient interest, hmmm?..
(Rhetorical, no need to answer.... just sensing chickens circling.....) --70.92.xxx.xxx
I am ignorant (by CJ [MO]) Posted on: Jul 2, 2020 6:37 PM
I just took their money and gave the key to them because I do not think they are very bad kids (early 20s). They do not smoke. They do not have pets. I am also tired of showing every week. It is hard to find perfect tenants. I was just surprised army job is one weekend a month.
I know I have much to learn. I automatically believe army, police officer, retired couple all good tenants. --104.186.x.xxx
I am ignorant (by Busy [WI]) Posted on: Jul 2, 2020 7:04 PM
Sounds like she is Army National Guard, or Army Reserve, otherwise known as weekend warrior. They go through basic training and technical school, then do one weekend per month, plus two weeks a year. They can be called up for national emergencies, and serve in war zones, often before full time active duty are deployed. She has likely been deployed, and depending on how this virus goes....might be awhile.
In some states occupation or source of income, or both are protected classes. --70.92.xxx.xxx
I am ignorant (by Cjo’h [CT]) Posted on: Jul 2, 2020 7:25 PM
Cj ,I too am a country boy and a little Naive,but that girl I would say is a Con Artist with a Capital C and would give her back her money ,after you get your key back,but not before...................................charlie --32.214.xxx.xx
I am ignorant (by 6x6 [TN]) Posted on: Jul 2, 2020 7:33 PM
Diane, I think you missed something. You need to go back and reread this post.
CJ, I am still learning as well and I am not near as experienced as others on here and have also maid mistakes but, I think you may be in for a rough ride. From reading your post and responses, you signed a lease with them before screening them and checking them out. Why?
It sounds like you were in a hurry to get it rented. Totally understandable but this is where mistakes are maid. Probably why you didn't screen first. People will lie like crazy and especially in times like these. Always screen very well FIRST.
I would not sign a lease with anyone and definitely not give them the keys until the utilities are in there name and that is verified before lease signing. Also ALL funds have to be in my hand. It is a good practice to do an in home visit as a part of your screening process. This will help you determine if they smoke, have pets, ect...
I see that you said you do mostly as Steve does but it sounds like from your post that you didn't do any of it until after the lease was already signed, am I right?
I hope it works out for you but if it doesn't just learn from it.
I am ignorant (by Cjo’h [CT]) Posted on: Jul 2, 2020 7:43 PM
C J,I never rent to anyone until I’ve checked their Credit,at their expense,if their credit is anywhere shaky,I just say Goodbye,it was nice to have met you...............charlie --32.214.xxx.xx
I am ignorant (by Cjo’h [CT]) Posted on: Jul 2, 2020 8:34 PM
I , unlike Ken from upstate New York don’t care who knows where I live,they’re all welcome to stop by for a big cup of coffee or even something stronger,it’s their call............charlie been renting to people of all Nationalities since 1957 the year after I immigrated here,couldn’t see paying a high rent just to live somewhere,don’t mind getting the high rent from other people though,just keep it coming. --32.214.xxx.xx
I am ignorant (by CJ [MO]) Posted on: Jul 2, 2020 9:10 PM
I thought the army job and income are stable. I was worried they are over qualified. Sometimes, I waite to make sure they definitly want the home. That is why I waited to do credit check. --104.186.x.xxx
I am ignorant (by Steve [MA]) Posted on: Jul 2, 2020 9:57 PM
CJ [MO] a quick Google search shows several LL groups in MO. Again I highly recommend that you look into them & join whichever one serves the area where your rentals are located. I realize that currently most LL groups are not having on site meetings but all of them offer some sort of zoom meetings as well as the ability to network with other members. Most LL groups also offer screening services, applications, leases, etc that are geared to your local & state laws & regulations. --71.174.xxx.xx
I am ignorant (by JKJ [MA]) Posted on: Jul 3, 2020 11:48 PM
Busy, I was asking because people are offering advise based the assumption that these people either have, or have not signed a rental agreement. Therefore knowing definitively would help focus the advise in the proper direction. It’s good to climb down off a high horse and let the saddle cool off once in a while. --174.242.xxx.x
I am ignorant (by Busy [WI]) Posted on: Jul 4, 2020 1:31 AM
Oh, I was asking out of prurient interest, fo sho! Was going to go get the popcorn! --70.92.xxx.xxx
I am ignorant (by Cjo’h [CT]) Posted on: Jul 4, 2020 8:08 PM
Busy,go easy on that popcorn stuff,it could get stuck in the wrong spot,....................................charlie --32.214.xxx.xx
I am ignorant (by Plenty [MO]) Posted on: Jul 4, 2020 9:07 PM
I assume the readers on her that CJ is very qualified to run her business. And this is her support and she has local face to face support also. We all get overwhelmed from time to time and make mistakes. In this case i would just worry and loose sleep until they pay their next month's rent. Then worry less each coming month. Stay aware and ready to change course if the rent goes unpaid. Act quickly and swiftly. Dont delay. --99.203.xx.xxx
I am ignorant (by Busy [WI]) Posted on: Jul 4, 2020 9:39 PM
Indeed, Charlie. And, to JKJ’s point, I have been riding Tall above my pay grade lately. Time to go back to the Welsh Connemara’s! --70.92.xxx.xxx
I am ignorant (by mike [CA]) Posted on: Jul 6, 2020 2:46 PM
with cop and military money they should have cash in bank
get her leave and earnings statement LES and his YTD...EITHER SHOULD BE PAID ENOUGH TO HANDLE $800/mo
not paying a landlord now? still broke? denied --66.27.xxx.xxx
I am ignorant (by Cjo’h [CT]) Posted on: Jul 11, 2020 8:12 PM
Busy,I come from Northern Ireland,aThey probably would’nt take me in Coonemara,although I’ve spent a weekend there,They seem friendly enough.People seem to be people,all similar.....,no matter what Nationality, worked on a Hydro Dam in Scotland for a period of time with people from the Continent French German.ItalianPolish and Danish,2000 day shift and 2000 night shift just all different L,anguages Didn’t seem to matter much,everyone ate the same type of foodDoesn’t mean they liked it,But something’s better than the starvation Diet............................,,,,,,..charlie --32.214.xxx.xx