Application Criteria
Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage
Receive Free Rental Owner Updates Email:  
MrLandlord Q & A
     
     
Application Criteria (by Bonanza [NC]) Jun 30, 2022 6:47 AM
       Application Criteria (by Ray-N-Pa [PA]) Jun 30, 2022 7:35 AM
       Application Criteria (by Gene [OH]) Jun 30, 2022 8:29 AM
       Application Criteria (by RB [TN]) Jun 30, 2022 8:50 AM
       Application Criteria (by Bonanza [NC]) Jun 30, 2022 10:04 AM
       Application Criteria (by Scott [IN]) Jun 30, 2022 10:31 AM
       Application Criteria (by DJ [VA]) Jun 30, 2022 11:06 AM
       Application Criteria (by plenty [MO]) Jun 30, 2022 1:42 PM
       Application Criteria (by Ken [NY]) Jun 30, 2022 1:49 PM
       Application Criteria (by plenty [MO]) Jun 30, 2022 2:38 PM
       Application Criteria (by David [MI]) Jun 30, 2022 3:42 PM
       Application Criteria (by BillW [NJ]) Jun 30, 2022 7:59 PM
       Application Criteria (by 6x6 [TN]) Jun 30, 2022 9:16 PM

Click here to reply to this discussion.
Click Here to send this discussion to a friend

Application Criteria (by Bonanza [NC]) Posted on: Jun 30, 2022 6:47 AM
Message:

We ask each other a lot of questions about application approving and fair housing and that is a good thing. Makes us question our own process.

I found a PM company that posts their process online. Might be useful. they are out of California

formaticpropertymanagement.com/application-requirements/

--65.188.xxx.xxx




Application Criteria (by Ray-N-Pa [PA]) Posted on: Jun 30, 2022 7:35 AM
Message:

Thanks for posting. I see the property management services that they offer reads like a BK menu where you can super size the service (for a fee)

Wonder if Jeffery taught them this? --24.101.xxx.xxx




Application Criteria (by Gene [OH]) Posted on: Jun 30, 2022 8:29 AM
Message:

Thanks for sharing. --149.19.xx.x




Application Criteria (by RB [TN]) Posted on: Jun 30, 2022 8:50 AM
Message:

It's only a new idea when ya first hear it.

This has been around at least a couple times.

--24.183.xxx.xxx




Application Criteria (by Bonanza [NC]) Posted on: Jun 30, 2022 10:04 AM
Message:

Anything that helps tweak your process to make it better is a win. If this helps someone, newbie or pro, it's a good thing. --71.217.xxx.xx




Application Criteria (by Scott [IN]) Posted on: Jun 30, 2022 10:31 AM
Message:

It's a great concept, but I don't like parts of their scoring system, or the fact that they disclose it to applicants. It tells them exactly how much and where they need to lie to get an automatic qualification --107.141.xx.xxx




Application Criteria (by DJ [VA]) Posted on: Jun 30, 2022 11:06 AM
Message:

There is some good info in there.

I'm currently working on my written processes & am going to study theirs for ideas.

Thanks for sharing it! : ) --68.229.xxx.xxx




Application Criteria (by plenty [MO]) Posted on: Jun 30, 2022 1:42 PM
Message:

Are we a match? Criteria: Net W-2 income must be at least $4,200 or if you have a voucher, you must have a 3 bed Section 8 voucher. Minimum income $1,500/month for voucher holders. Positive references from all previous landlords. No past evictions. No bad criminal history. Non Smoke/vapor home. No outstanding collections to utility companies. Two month's bank statements. Positive pay history on credit report for last 2 years. Must have current lease or current packet. Have taken reasonable and normal care of your current residence verified by a home visit. Some pets accepted with additional move in fee of $400 and $35 month pet rent, each pet. No vicious breeds. No pit bulls. Home pet visit a must. --172.56.xx.xxx




Application Criteria (by Ken [NY]) Posted on: Jun 30, 2022 1:49 PM
Message:

plenty,why do you require section 8 recipients to have $1500 month income? what if they get 100% of there rent paid? --74.77.xx.xx




Application Criteria (by plenty [MO]) Posted on: Jun 30, 2022 2:38 PM
Message:

Because when the contribute they tend to take better care of the house. They tend to have other resources and the usually work and they are out in the world interacting with other people. They aren't sitting at home in the dark. I have a few section 8 and one works full time yet most all of her rent is paid by section 8, it's a formula they use to figure out the rent proportion. In general who participated in real life are more responsible. Not all section 8 participates are "poor" or uneducated or lazy. --172.56.xx.xx




Application Criteria (by David [MI]) Posted on: Jun 30, 2022 3:42 PM
Message:

this section of criteria is interesting. Basically they are saying they will deny application if applicant is rude, or tries to contact property owner. Very interesting!

Harassment of Staff and Property Owner Communication

Harassment of staff or any attempt to contact the property owner directly result in immediate and automatic denial

Harassment of staff includes but is not limited to actions taken verbally, by text, email, in person, or any other method that are:

Threats, whether physical, legal, or otherwise

Repeated demands for status updates when a specific response timeframe has already been provided and has not passed

Expressing in a hostile manner that Formatic Property Management, Inc. or the property owner will be making a mistake if you are not approved

Making demands in an attempt to force Formatic to approve you

Insulting staff

Swearing directed towards staff personally

Any other actions deemed harassment at the discretion of Formatic --50.4.xxx.x




Application Criteria (by BillW [NJ]) Posted on: Jun 30, 2022 7:59 PM
Message:

Thanks for that link Bonanza. Pretty neat to see it all spelled out like that --74.102.xx.xx




Application Criteria (by 6x6 [TN]) Posted on: Jun 30, 2022 9:16 PM
Message:

Thank you --73.120.xx.xxx



Click Here to send this discussion to a friend
Report discussion to Webmaster


Reply:
Subject: RE: Application Criteria
Your Name:
Your State:

Message:
Application Criteria
Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from Mrlandlord.com every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers.
Email Address: