(1) No holding fee
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(1) No holding fee (by alice [TX]) Aug 10, 2022 1:57 PM
       (1) No holding fee (by Homer [TX]) Aug 10, 2022 2:08 PM
       (1) No holding fee (by Jim in O C [CA]) Aug 10, 2022 2:15 PM
       (1) No holding fee (by plenty [MO]) Aug 10, 2022 2:40 PM
       (1) No holding fee (by DJ [VA]) Aug 10, 2022 3:11 PM
       (1) No holding fee (by Sisco [MO]) Aug 10, 2022 3:21 PM
       (1) No holding fee (by Jason [VA]) Aug 10, 2022 3:24 PM
       (1) No holding fee (by RB [TN]) Aug 10, 2022 3:30 PM
       (1) No holding fee (by Richard [MI]) Aug 10, 2022 4:43 PM
       (1) No holding fee (by Ken [NY]) Aug 10, 2022 5:03 PM
       (1) No holding fee (by Pmh [TX]) Aug 10, 2022 5:57 PM
       (1) No holding fee (by 6x6 [TN]) Aug 10, 2022 9:23 PM
       (1) No holding fee (by Salernitana [CA]) Aug 11, 2022 3:42 AM
       (1) No holding fee (by FloridaNative [FL]) Aug 11, 2022 8:27 AM
       (1) No holding fee (by MC [PA]) Aug 11, 2022 9:09 AM
       (1) No holding fee (by Nicole [PA]) Aug 11, 2022 5:53 PM

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(1) No holding fee (by alice [TX]) Posted on: Aug 10, 2022 1:57 PM
Message:

Well,

I am going to tell you the final episode.

This applicants wanted to secure a property before they drove back to Houston. (they came for the weekend, because the female got a new job in town.)

It was a short turn around, he connected me late Friday, and back forth a few times in Sat. and met on Sunday at noon.

They viewed the property and liked it much, they showed me that they had all cashier checks to pay the lease sign. Yes, the holding fee $500 was in the picture, if they did not move in by 9/1, then $500 will be charged, other wise it will apply to the first month rent.

On Sunday, 8/8, they arrived at noon. They started the applications, (of course, I have no way to check their background yet etc.) , then started reviewing the lease. When I told him that the female application missed all the employer's phone number, the male applicant asked if they signed the lease, I cannot to check their references. I said I will have to check all references, even after the lease signed.

So, he took that page and went outside (the female was in the car with their dogs.),, then for a while, they did not come back in, then I found out they already left without say a goodbye.

They did not pay the application fee, their two dogs broken the screen door's screen.

I felt so disappointed that all my efforts to help them, turned out was zero. (I never done such a quick turn around, but by being helpful, I thought to take this risk ) But, this is what they repaid my kindness.

drove away, without saying goodby.

I wonder I ever going to get that $100.00 back. (a fee and repair screen door.)

--70.112.xx.xxx




(1) No holding fee (by Homer [TX]) Posted on: Aug 10, 2022 2:08 PM
Message:

I would recommend looking into buying REITS. I like O, PSTL, WPC, STOR. --47.32.xxx.xxx




(1) No holding fee (by Jim in O C [CA]) Posted on: Aug 10, 2022 2:15 PM
Message:

No good deed goes unpunished. --174.195.xxx.xxx




(1) No holding fee (by plenty [MO]) Posted on: Aug 10, 2022 2:40 PM
Message:

They did you a favor. Fix the screen door as someone else is looking for a place just like yours! --172.56.xx.xx




(1) No holding fee (by DJ [VA]) Posted on: Aug 10, 2022 3:11 PM
Message:

Be glad they left. It would have been a nightmare to rent to them. How much damage do you think those poorly-behaved/trained dogs would do while living there? I also suspect that people who do not care to train and control their dogs, do not bother to" train" and control their own behavior either.

Please note: Anything you check AFTER a lease is signed have NO value at all. It is too late after the lease is signed and they have legal possession, or at least a legal claim to the place.

PLEASE help yourself minimize frustration and risk by reading more here on how to screen applicants to find the good ones.

You cannot "be nice" to one applicant by doing things for them that you don't do for others. You need a standard procedure that ALL must follow the same. --97.64.xx.xxx




(1) No holding fee (by Sisco [MO]) Posted on: Aug 10, 2022 3:21 PM
Message:

They have been evicted elsewhere and were looking for an easy mark. --149.76.xxx.xxx




(1) No holding fee (by Jason [VA]) Posted on: Aug 10, 2022 3:24 PM
Message:

Wait. You signed a lease with them before you even processed their application? If so, that's one of the biggest mistakes I've read on this forum year to date. Do not allow someone else's problem to be your problem. --73.177.xxx.xx




(1) No holding fee (by RB [TN]) Posted on: Aug 10, 2022 3:30 PM
Message:

The Fox is always trying to get into the Hen house. Dig ?

--24.183.xxx.xxx




(1) No holding fee (by Richard [MI]) Posted on: Aug 10, 2022 4:43 PM
Message:

You will be lucky if they don't come back when you are not there and break in and stay. When you find out they will show the lease you signed in ourt and a liberal judge will tell you that you must now evict them. They will claim covid, discrimination, etc and it will be months or years until they are gone. Damage will be huge..

I'll agree with Homer. Sell all your rentals=all of them- and invest in either REIT's or something else.

Nothing personal, but you are making the same mistakes over and over.

--24.180.xx.xx




(1) No holding fee (by Ken [NY]) Posted on: Aug 10, 2022 5:03 PM
Message:

Richard,I dont think it would take a liberal judge,a judge asks her if that is your signature and she says yes i think most any judge would let them stay in the unit --74.77.xx.xx




(1) No holding fee (by Pmh [TX]) Posted on: Aug 10, 2022 5:57 PM
Message:

never counter sign a lease until you have all monies. here you escaped a bad situation. to others: there may be a signed lease but they do not have possession bc they have not complied with providing what was due for move in. no consideration ($) = invalid contract. to op: keep taking applications. we all were LL virgins…. --166.205.xxx.xx




(1) No holding fee (by 6x6 [TN]) Posted on: Aug 10, 2022 9:23 PM
Message:

I agree with Plenty and others. They did you a favor and saved you a lot of headaches.

--73.113.xxx.xxx




(1) No holding fee (by Salernitana [CA]) Posted on: Aug 11, 2022 3:42 AM
Message:

I'm sorry for how you feel. However, you are actually very lucky that they fled. Had they become your tenants, you might have ended up in a tremendously stressful situation with thousands of dollars of unpaid rent and damages.

I hope that your next prospective tenants will be much better. Please screen well and share your thoughts if you need moral support. --73.241.xxx.xxx




(1) No holding fee (by FloridaNative [FL]) Posted on: Aug 11, 2022 8:27 AM
Message:

100% agree with pmh(TX). Application fee is paid before I run anything. If they won't pay the application fee or come up with excuses, its a no go. If they pass the screening (all the screening, providing all the documents) then they have to pay all the fees before signing the lease (F/L/S + cleaning fee + pet fee if they have an approved pet). Then the lease is signed. Too many opportunities for them to fail if you don't collect all the money up front. --73.205.xxx.xx




(1) No holding fee (by MC [PA]) Posted on: Aug 11, 2022 9:09 AM
Message:

No lease until application is verified and approved. It may take a day to or two. Anyone waving money and saying "I can move in now" is a red flag. If they continually call asking about their app, red flag. --73.230.xxx.xx




(1) No holding fee (by Nicole [PA]) Posted on: Aug 11, 2022 5:53 PM
Message:

Not just jumping on the bandwagon but this is a learning moment for everyone to keep on your toes.

I have never, ever, ever, ever had someone send me photos of cashiers checks.

What does what you typed even mean ...they showed me that they had all cashier checks to pay the lease sign. Yes, the holding fee $500 was in the picture...

They got cashiers checks payable to you prior to even seeing the place? Before actually applying? Before signing the lease?

I don't understand ... I am missing something. --98.237.xxx.xx



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