Multiple Applicants (by Rosie [VA]) Jun 28, 2021 9:08 AM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 9:10 AM
Multiple Applicants (by J [FL]) Jun 28, 2021 9:13 AM
Multiple Applicants (by Oregon Woodsmoke [ID]) Jun 28, 2021 10:11 AM
Multiple Applicants (by Oregon Woodsmoke [ID]) Jun 28, 2021 10:13 AM
Multiple Applicants (by Oregon Woodsmoke [ID]) Jun 28, 2021 10:15 AM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 10:18 AM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 10:20 AM
Multiple Applicants (by Still Learning [NH]) Jun 28, 2021 10:34 AM
Multiple Applicants (by WMH [NC]) Jun 28, 2021 10:49 AM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 10:58 AM
Multiple Applicants (by Vee [OH]) Jun 28, 2021 11:13 AM
Multiple Applicants (by J [FL]) Jun 28, 2021 11:35 AM
Multiple Applicants (by Jason [VA]) Jun 28, 2021 11:52 AM
Multiple Applicants (by myob [GA]) Jun 28, 2021 12:00 PM
Multiple Applicants (by LisaFL [FL]) Jun 28, 2021 12:27 PM
Multiple Applicants (by dino [CA]) Jun 28, 2021 12:54 PM
Multiple Applicants (by Gene [OH]) Jun 28, 2021 1:16 PM
Multiple Applicants (by S i d [MO]) Jun 28, 2021 2:09 PM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 2:44 PM
Multiple Applicants (by Landlord ofthe Flies [TX]) Jun 28, 2021 3:02 PM
Multiple Applicants (by myob [GA]) Jun 28, 2021 4:06 PM
Multiple Applicants (by Rosie [VA]) Jun 28, 2021 5:12 PM
Multiple Applicants (by Sorta Blonde [CA]) Jun 28, 2021 5:36 PM
Multiple Applicants (by myob [GA]) Jun 28, 2021 5:57 PM
Multiple Applicants (by myob [GA]) Jun 28, 2021 5:58 PM
Multiple Applicants (by 6x6 [TN]) Jun 28, 2021 7:29 PM
Multiple Applicants (by Sorta Blonde [CA]) Jun 28, 2021 7:36 PM
Multiple Applicants (by myob [GA]) Jun 29, 2021 5:59 AM
Multiple Applicants (by 6x6 [TN]) Jun 29, 2021 10:42 AM
Multiple Applicants (by myob [GA]) Jun 29, 2021 11:37 AM
Multiple Applicants (by Sorta Blonde [CA]) Jun 29, 2021 12:17 PM
Multiple Applicants (by Robert J [CA]) Jun 29, 2021 12:41 PM
Multiple Applicants (by J [FL]) Jun 29, 2021 12:45 PM
Multiple Applicants (by Rosie [VA]) Jun 29, 2021 1:32 PM
Multiple Applicants (by Small potatoes [NY]) Jun 29, 2021 9:16 PM
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 9:08 AM Message:
Brain Trust -- Your thoughts? As some of you have mentioned, obviously rentals are in short supply, and we are getting multiple applicants within 24 hours of posting an ad. No two applicants are the same -- all have pluses and minuses. We had a house that we received about 6 or 7 applications on within 24 hours. The first who submitted one (Friday night) seemed to have decent income, reasonable rental references (owner is selling the house they're in), Chap 7 bankruptcy in 2019 (says due to husband's medical issues). Two adults, one 6 mo old dog. Husband has lower credit score, wife has somewhat higher score.
Another applicant is an older single guy, good income (a bit higher than the other couple), almost no debt, no animals, upper manager with a hospital chain who is being transferred into town, professional demeanor, etc. Slightly higher credit score. Good rental reference. Chap 7 bankruptcy from a divorce in 2019 -- everything is good after that. He has agreed to give us extra security deposit because of the bankruptcy. Submitted his application Saturday around noon.
We tend to prefer the single guy with no animals (less to mess up house). However, the first couple is in a protected class and seems to feel that since they put theirs in first they should get it (I think folks are getting desperate!).
I guess what I'm asking is that do you guys take the first applicant who meets your minimum requirements, or do you leave the showing open for a short time (24 hours?) and take the best of the bunch?
Thoughts? --108.4.xxx.x |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 9:10 AM Message:
PS: This is a single family home, and we don't have any others available at this time. --108.4.xxx.x |
Multiple Applicants (by J [FL]) Posted on: Jun 28, 2021 9:13 AM Message:
From what I've read HUD *recommends* that you take first come first served but doesn't require it. So I don't see a problem with taking the older guy, or waiting a couple more days to see if someone better than these two groups applies. --72.188.xxx.xxx |
Multiple Applicants (by Oregon Woodsmoke [ID]) Posted on: Jun 28, 2021 10:11 AM Message:
I'd take thee single guy and no issues about it because it is right there in my written criteria that I don't accept puppies under one year of age. Six months is the destructive stage of life for dogs.
I would not give them a reason, though or that dog will instantly change into an ESA. --76.178.xxx.xxx |
Multiple Applicants (by Oregon Woodsmoke [ID]) Posted on: Jun 28, 2021 10:13 AM Message:
By the way, never tell an applicant that they are the first to apply. If they ask, you tell them that there has been a lot of interest and a few people have put in an application before them.
They should not know that the single guy applied after they did. --76.178.xxx.xxx |
Multiple Applicants (by Oregon Woodsmoke [ID]) Posted on: Jun 28, 2021 10:15 AM Message:
You could put it into your written criteria that the credit score is the tie breaker when two equally qualified applicants apply (or the income, or whatever you want to use as a tie breaker) --76.178.xxx.xxx |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 10:18 AM Message:
J (FL) - thanks for the info about HUD. And Woodsmoke -- very good point. We don't like young puppies & kittens either (even tho we will accept pets in certain situations). She came back to us and said she would get rid of the puppy, but I'm always suspicious when someone is so quick to say that. I think folks are desperate. --108.4.xxx.x |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 10:20 AM Message:
Woodsmoke - I TOTALLY agree not to tell someone they're the first -- I think it puts it in their mind that they've got "dibs". Unfortunately, my husband met with the applicants, and he let it slip (I browbeat him about that!). Even if it's true, it just sets up unreasonable expectations. --108.4.xxx.x |
Multiple Applicants (by Still Learning [NH]) Posted on: Jun 28, 2021 10:34 AM Message:
Higher income, higher credit score, higher deposit, no animals. The second person, other than both have bankruptcies, is a better qualified candidate in every category. --75.67.xxx.xxx |
Multiple Applicants (by WMH [NC]) Posted on: Jun 28, 2021 10:49 AM Message:
Dog is too young. But she's willing to dump it (such a great pet owner...)
What about incomes? --50.82.xxx.xxx |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 10:58 AM Message:
Still Learning - yeah, that's the way we see it. When you put all those pieces together we prefer the 2nd. But we do understand that if the 1st is thinking that we should be taking the first to apply that meet the minimum requirements, they think they should get it. I think we may need to be clearer in the future if it looks like we'll get multiple aps. The response caught us off guard.
WMH - my thoughts exactly on the dog (not a lot of loyalty there -- and do I really think that dog won't somehow find it's way back to the house later?). As for income -- the 2nd person is a bit higher, but not a huge amount. --108.4.xxx.x |
Multiple Applicants (by Vee [OH]) Posted on: Jun 28, 2021 11:13 AM Message:
Keep taking application, let us know about the criminal check as those unfold. Your in step 1, keep your best foot forward as you hop along the path... --76.188.xxx.xxx |
Multiple Applicants (by J [FL]) Posted on: Jun 28, 2021 11:35 AM Message:
yeah, they will probably try to bring the dog back in after move in. --72.188.xxx.xxx |
Multiple Applicants (by Jason [VA]) Posted on: Jun 28, 2021 11:52 AM Message:
"the first couple is in a protected class"
Aren't all applicants in a protected class? If the applicants are not the same race as the manager or person making the approval decisions, they're in a protected class. Personally they sound like they have an attitude of entitlement.
Regarding any applicant, if they don't meet all of your written requirements, move on to the next. If the husband's credit isn't what it needs to be, reject them. Same with the other applicant. End of story. --73.177.xxx.xx |
Multiple Applicants (by myob [GA]) Posted on: Jun 28, 2021 12:00 PM Message:
J FL is what you said a FACT?
When you say you read it-- and place it here--- now we're going to read for weeks how people read the same thing or HEARD it. People are already thanking you for INFO.
Fact: you had a qualified app---- did you ask for Deposit or follow thru? How did you get to second app?
You are in a mind field and need to get it straight in your head how to take apps-- and what to say and WHEN.
We never stop taking apps until the deposit and take the home off the market letter is signed. Should applicants not tender deposit (and they were told there in first position we don't wait. You got the money we have the keys. --99.103.xxx.xxx |
Multiple Applicants (by LisaFL [FL]) Posted on: Jun 28, 2021 12:27 PM Message:
Pick the stronger applicant. This is a no-brainer.
I require at least one applicant to individually meet the income requirements as the primary tenant.
A single person meeting the income requirements beats a couple where neither one does on their own hand’s down.
Fewer people, no animals, less wear and tear. I don’t know how you aren’t allowed to pick the strongest candidate.
I wait to receive several qualified inquiries and then order them from strongest to weakest. The first one who wants it and qualifies are a formal screening is complete gets it.
You are allowed to discriminate among who is best qualified. In fact if the single guy was a minority and clearly more qualified but you picked the couple who was less qualified but was not a minority, he may have a reason to believe you unfairly discriminated against him. --75.89.xxx.xxx |
Multiple Applicants (by dino [CA]) Posted on: Jun 28, 2021 12:54 PM Message:
My opinion is that the thing about getting rid of the dog is so revealing. I would not believe that. I would wager and give odds that the dog returns. What does that say about the honesty of that applicant??
--76.171.xxx.xxx |
Multiple Applicants (by Gene [OH]) Posted on: Jun 28, 2021 1:16 PM Message:
I have a strict no pets policy on all my rentals. Sometimes people don't disclose the pet until they view the rental, etc. and then they state that they can get rid of the pet.
I have never had anyone yet get rid of a pet to rent one of my houses. Even if they truly were willing to do so, it does give you some insight into their character as to what they value in their life. --99.165.xx.xxx |
Multiple Applicants (by S i d [MO]) Posted on: Jun 28, 2021 2:09 PM Message:
Do the 2-minute in home inspection we often talk about here. If you're not familiar with it, do a Search using the Tool at the top of the page. This one, 2-minute step will answer this and many future questions for you in a way that nothing else can. --107.216.xxx.xxx |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 2:44 PM Message:
Sid, Good idea; I will keep this in mind. For in-town folks I will usually do a "drive-by" just to see how the property is being kept up, and often will make note of whether the vehicle is a pig sty inside. I haven't usually gone inside their house, but that makes a lot of sense, especially if animals are involved.
In the case of one of the applicants, he's from out of town and is living in a hotel for the last couple of weeks. So it's more difficult to determine how he would keep the property other than talk to his landlord (which we did). Of course, he doesn't have animals, so that's not a concern.
It seems like folks in my area are desperate for rental property, and are getting frustrated. We don't automatically disqualify someone for a bankruptcy, but will possibly consider taking someone if they have a good explanation of what/why it happened, it's been a number of years since, and all their credit/financial info since then has been stellar, etc. We do generally expect someone with a bankruptcy not to get an attitude if someone else is chosen, but sometimes folks feel entitled, and are getting desperate. --108.4.xxx.x |
Multiple Applicants (by Landlord ofthe Flies [TX]) Posted on: Jun 28, 2021 3:02 PM Message:
Your husband told them they were the first, but he didn't check with you beforehand. Had he checked with you he would have discovered that you received a few applications before theirs. He just didn't know about it.
Best credit score would be the best deciding factor to mention.
--108.69.xxx.xxx |
Multiple Applicants (by myob [GA]) Posted on: Jun 28, 2021 4:06 PM Message:
taking multiple applications when you have the first one who met your criteria is tricky. When you move to number two -- number one will inquire-- and usually says I met your requirements but you took someone else's -- you discriminated against me or such. OR worse you stole my app fee. --99.103.xxx.xxx |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 28, 2021 5:12 PM Message:
Landlord of the Flies - you're absolutely correct! I have laid down the law to my husband that he is not to do that again!
Also agree about the credit score. As a matter of fact, I believe that's what we told the couple, as well as they have less income and the animal. They seem to think because they were here first they should have gotten it. That's our mistake in giving them the impression they were first. Lesson learned!
MYOB - my husband took 5 or 6 applications between Friday night and Saturday mid-day. (Crazy market here! -- that's not usually the case -- my first turnover since things have opened up from Covid) Of course, it takes a little bit of time to review the information to see if they are acceptable (especially if the aps have confusing/complicated situations). By the time I had done preliminary reviews, we were down to these two that were possible. This is my dilemma; we don't really want to assume that the first one is good and not take any others until we've totally worked the first one. I guess that's the risk I'm taking, especially if we tell someone they're first and we don't end up taking them. Honestly, I've never had someone who had a bankruptcy have an attitude that they were passed over. So I'm learning my lesson. --108.4.xxx.x |
Multiple Applicants (by Sorta Blonde [CA]) Posted on: Jun 28, 2021 5:36 PM Message:
When asked, I always say, "I'll be offering the house to the first applicant who I can qualify". If they turn it down I go to the next one. That way I don't have to say how many are in line or what order I decide to try to qualify them. Some take longer to get information back. So far I've only had one couple question me on the 'why didn't I get it?" and I told them the same thing. Seemed to satisfy them. --72.220.xxx.xxx |
Multiple Applicants (by myob [GA]) Posted on: Jun 28, 2021 5:57 PM Message:
sorta --- so do you process all the apps? or do you process in order received? Process them all-- then pick?
Then the question why them over me?
Rosie I agree work the first one-- if they meet your rules-- call and say need holding fee by 10 AM tomorrow. Now in there court. They say "yes" your ready-- if they shudder-- THEN NEXT app. Process them-- if the first calls back that there ready-- oh sorry I started the next app and have to finish them. If no good you can either go back to first one or process someone else.
The balls in the air until $ tendered. --99.103.xxx.xxx |
Multiple Applicants (by myob [GA]) Posted on: Jun 28, 2021 5:58 PM Message:
forgot to mention-- app fee is sent back on those not worked. --99.103.xxx.xxx |
Multiple Applicants (by 6x6 [TN]) Posted on: Jun 28, 2021 7:29 PM Message:
myob, I am glad that you explained the process that you would take but, now I have a new question.
So, you send the app fee back to all of the others?
--73.120.xx.xxx |
Multiple Applicants (by Sorta Blonde [CA]) Posted on: Jun 28, 2021 7:36 PM Message:
Hi myob, my little area has lots of lookers but few actually fill out the application. All the 'rules' are on my advertisements and Usually I have about 3 applications in about a week and I do research on them immediately. Some of course are ruled out because of major problems like they have pitbulls or more than 3 people in the family, or are smokers, etc. The others I go on instinct after meeting (I always show the place myself) and meet everyone, ask questions and try to see if they are a good fit personality wise.
I usually offer the place to the first appliers who seem they are going to be able to pay and follow the 'rules'. Most people don't want to fill out an application which tells me they have something to hide. I've had some who won't even give me a phone number for recall, etc. AND my rentals are directly behind my house so we share a parking area and I think a lot of people don't want to live so close to their landlord. Can't imagine why, I'm awesome. Ha.
I don't charge an application fee, and I don't do on-line applications. Small time stuff for me with only 2 rentals and one has been there for 18 years now. Since I do my own research, it really doesn't cost me much to go to the courthouse and look up records. Just time. --72.220.xxx.xxx |
Multiple Applicants (by myob [GA]) Posted on: Jun 29, 2021 5:59 AM Message:
Sorta as you say you are processing. Doing processing without requiring an actual C report-- like court records. We run thru those and deny -- just for "COURT RECORDS". So those app fees are not returned.
6bye-- if I have one unit and took 10 apps-- I do as described above-- free court record review knocks 90% out-- either criminal, civil or BK records-- so they get denied just for that. Those who pass thru and have C report done-- well we pick the best one to process first-- if good we require deposit immediately if not "WHO'S NEXT". Should I have 3 apps left or 1 that I haven't run YES we send the app fee back. We do not run several reports thru and pick one. We've narrowed down to the best and consentrate on that one. --99.103.xxx.xxx |
Multiple Applicants (by 6x6 [TN]) Posted on: Jun 29, 2021 10:42 AM Message:
Thank you myob. I know that there are several on here that say they make a lot of money just on app fees. --73.120.xx.xxx |
Multiple Applicants (by myob [GA]) Posted on: Jun 29, 2021 11:37 AM Message:
I'm one of them 6Bye. 90% of apps lie and get found out before the credit report-- just on court records.
We try as hard as possible not to turn down due to credit report. 99.9% they are turned down for court records and or not enough income-- or lately fake doc's like pay stubs. --99.103.xxx.xxx |
Multiple Applicants (by Sorta Blonde [CA]) Posted on: Jun 29, 2021 12:17 PM Message:
It's a good practice to make 'friends' of the clerks at the Superior Courthouse in your community. I get my best hints and information from helpful clerks. Also other private 'researchers' are good. We have a bank of computers for public use and one guy I met does massive research for several lawyers. He showed me all I needed to know about finding 'stuff'. Also told me about the 'old records' at another building which go way back and are not not usually researched. Gal in that department was able to covertly tell me about my soon to be evicted tenant's criminal record that was 'hidden', and to interpret all the little 'case file numbers and notations' that I had no idea how to figure out. Now I do all that before I rent the houses.
One eviction, much wiser, never again, especially with all the helps and hints here on Mr. Landlord! --72.220.xxx.xxx |
Multiple Applicants (by Robert J [CA]) Posted on: Jun 29, 2021 12:41 PM Message:
The secret for success. When I put one of my rental on the market, I get swamped with calls. I NEVER do a showing for just 1 person/group. I set up the next "open house" and make appointments some 10 to 15 minutes apart. So by the end of the day I will have multiple applications from different groups. I may also have a second open house the next day and collect more applications.
Just because someone presented me with their application, doesn't mean they gave me all of the needed documentation needed to complete the process. Did they provide pay stubs, picture state ID? A bank statement, etc.
Next, just because they may have been on the the first groups to complete the application process, doesn't mean they won the rental. WHEN CAN THEY MOVE IN and WHEN WILL THEY HAVE ALL OF THE MOVE-IN FUNDS? I won't hold a rental for a month. They need to execute the lease and pay the money within 1 to 2 days. If not, I can move on to the next applicant.
What mostly happens is 3 to 5 groups complete the entire application process. But there were 1 or 2 groups that were my best choice. But only 1 can pay the money now, sign the lease and start their tenancy within the next 10 days. I like the idea pay me now and I'll delay the start of the lease for 10 to 15 days.....
--47.155.xx.xxx |
Multiple Applicants (by J [FL]) Posted on: Jun 29, 2021 12:45 PM Message:
Robert J are handing them the keys immediately when you execute that lease or waiting til move in day? --72.188.xxx.xxx |
Multiple Applicants (by Rosie [VA]) Posted on: Jun 29, 2021 1:32 PM Message:
Robert J - thanks for going through your steps - makes sense, and helps me formulate what to do in the future. I think the biggest problem we had in our case this time was that my husband mentioned that the first folks were the first applying. From that, I think they inferred that they had it in the bag, even though they had a bankruptcy, etc. He's got to not do that again -- and make it clear that we will be accepting applications at least for a day or two.
Do you tell the applicants that there are other folks applying? How do you handle their expectations and/or answer when they ask why someone else got it? --108.4.xxx.x |
Multiple Applicants (by Small potatoes [NY]) Posted on: Jun 29, 2021 9:16 PM Message:
Like Robert i tell people that I will review their appkication when I have a complete application package, which includes the pay stubs, drivers id etc and the background check. Then it can take time to call references and get calls returned. So no one is really first until the process is complete. --24.194.xxx.xxx |
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