Quality of applicants
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Quality of applicants (by Ndlandlord [ND]) Feb 9, 2024 3:38 PM
       Quality of applicants (by ed [CA]) Feb 9, 2024 4:40 PM
       Quality of applicants (by plenty [MO]) Feb 9, 2024 5:14 PM
       Quality of applicants (by WMH [NC]) Feb 9, 2024 5:20 PM
       Quality of applicants (by Robert,OntarioCanada [ON]) Feb 9, 2024 6:24 PM
       Quality of applicants (by Ndlandlord [ND]) Feb 9, 2024 8:25 PM
       Quality of applicants (by Vee [OH]) Feb 9, 2024 9:05 PM
       Quality of applicants (by mapleaf18 [NY]) Feb 9, 2024 9:38 PM
       Quality of applicants (by 6x6 [TN]) Feb 10, 2024 6:37 PM
       Quality of applicants (by Ray-N-Pa [PA]) Feb 12, 2024 6:39 AM

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Quality of applicants (by Ndlandlord [ND]) Posted on: Feb 9, 2024 3:38 PM

I have a empty rental in nd. Winters are tuff to find a quality tenant nothing but deadbeats. So I let it sit empty.

I have had a couple of people want to move from out of state with their tax money from the west coast (too expensive and crime they say). But don't have a job lined up locally. To me no job=no house. What would you do? --174.213.xxx.xxx

Quality of applicants (by ed [CA]) Posted on: Feb 9, 2024 4:40 PM

Your property is better vacant than with deadbeats. Tell your applicants once they get a good job to come back. --108.201.xx.xx

Quality of applicants (by plenty [MO]) Posted on: Feb 9, 2024 5:14 PM

Wait. Ask for their application and two months bank statements. They could have holding money to fund the rent until jobs kick in. --172.59.xxx.xxx

Quality of applicants (by WMH [NC]) Posted on: Feb 9, 2024 5:20 PM

Which is more plentiful in your area, housing or jobs? Here you trip over jobs just taking a walk - of all types, from white collar to blue, from minimum wage to high dollar - but the housing shortage is real at all price levels.

If they have a good history, can pay the (highest) deposit and maybe a few months' rent in advance, and their previous jobs are replaceable in your area, it's worth a shot.

But if housing is plentiful and jobs are not...definitely wait. --173.28.xx.xxx

Quality of applicants (by Robert,OntarioCanada [ON]) Posted on: Feb 9, 2024 6:24 PM

Getting a job is easy where many companies require help. If they have skill then it even easier to get a job. The baseline here is minimum credit score is 700 and above along with utilities must be in tenants name before moving in. --207.236.xxx.xxx

Quality of applicants (by Ndlandlord [ND]) Posted on: Feb 9, 2024 8:25 PM

Mabey I was to fast to deny. Jobs are everywhere around here. But many only pay 15 a hour. And state law only allows 1x rent deposit. I like to meet potential tenants in person and have them look at the property before signing a lease. Which is hard to do if they're out-of-state --174.213.xxx.xxx

Quality of applicants (by Vee [OH]) Posted on: Feb 9, 2024 9:05 PM

just for info HUD raised income ratio to 4Xrent with Patriot act of 2003, some owners will take 3X rent but not a requirment, just being kind hearted, follow your screening requirements or get slapped with discrimination problems in court. Let every applicant know your renting requirements and follow your local and state rules. --184.59.xxx.xx

Quality of applicants (by mapleaf18 [NY]) Posted on: Feb 9, 2024 9:38 PM

Would never rent to anyone from a BLUE state. Heck I won't rent to anyone from downstate aka NYC either. They know too much about tenant rights and how to play the system.


Quality of applicants (by 6x6 [TN]) Posted on: Feb 10, 2024 6:37 PM

I have rented to someone before who was moving here from CA. They did not currently have jobs lined up but had money, after all, they were coming from CA. They were moving away from the crime and craziness. They paid a year in advance. I figured that gave them enough time to find work. They had no animals and did not smoke.

If they qualify otherwise, and your state will allow, or you just want to take the risk, what would it hurt if you took a year advance rent, highest SD, ELT fee in lease, and you do quarterly inspections?

Disclaimer: others here have a lot more experience. --73.190.xxx.xxx

Quality of applicants (by Ray-N-Pa [PA]) Posted on: Feb 12, 2024 6:39 AM

A big wild card for me, why are they coming into your area.

If the answer is because, it exist - the answer is a hard NO. If they have family nearby, especially if that family owns real estate, I would have them co-sign --24.101.xxx.xxx

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