Another Gambler!
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Another Gambler! (by GKARL [PA]) Jul 5, 2024 2:30 PM
       Another Gambler! (by ken [NY]) Jul 5, 2024 2:49 PM
       Another Gambler! (by Tim [CA]) Jul 5, 2024 3:31 PM
       Another Gambler! (by RB [TN]) Jul 5, 2024 4:04 PM
       Another Gambler! (by zero [IN]) Jul 5, 2024 5:02 PM
       Another Gambler! (by GKARL [PA]) Jul 5, 2024 5:09 PM
       Another Gambler! (by ken [NY]) Jul 5, 2024 5:58 PM
       Another Gambler! (by plenty [MO]) Jul 5, 2024 6:45 PM
       Another Gambler! (by 6x6 [TN]) Jul 5, 2024 9:02 PM
       Another Gambler! (by Adele [FL]) Jul 5, 2024 11:08 PM
       Another Gambler! (by BRAD 20,000 [IN]) Jul 5, 2024 11:46 PM
       Another Gambler! (by zero [IN]) Jul 6, 2024 9:38 AM
       Another Gambler! (by ken [NY]) Jul 6, 2024 11:18 AM
       Another Gambler! (by GKARL [PA]) Jul 6, 2024 11:51 AM
       Another Gambler! (by zero [IN]) Jul 6, 2024 4:12 PM
       Another Gambler! (by Busy [WI]) Jul 7, 2024 2:48 PM
       Another Gambler! (by zero [IN]) Jul 7, 2024 3:46 PM
       Another Gambler! (by Ray-N-Pa [PA]) Jul 7, 2024 8:01 PM
       Another Gambler! (by GKARL [PA]) Jul 8, 2024 8:16 AM

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Another Gambler! (by GKARL [PA]) Posted on: Jul 5, 2024 2:30 PM
Message:

In addition to the most recent paystub, I require that applicants provide a copy of the bank statement showing the deposit of the paycheck so as to verify the check is real. The have to give me the full bank statement with no transactions redacted.

Reviewing the bank statement for an applicant today and I see over $ 2000 of purchases from Betmgm on line. He had some winnings as well, but nowhere near the losses. For most gamblers this is the situation. For the month, his net pay amounted to about $ 1300. How is the rent going to get paid? The rent money is going to Betmgm. I could excuse $ 10 here and there but $ 2000 while you're not even making that from the job?

This is one who attended the from the open house experiment. It was he and his girlfriend who applied. They claimed they were making $ 4600 combined monthly and it turns out they are making about $ 3,000 between the both of them as it appears they're both only working PT hours. BTW, they couldn't produce proof of rent paid because they're living with her mother. I'm guessing they've probably worn out their welcome. Oh well, at least they paid the "liar's tax".

--209.122.xx.xxx




Another Gambler! (by ken [NY]) Posted on: Jul 5, 2024 2:49 PM
Message:

good catch --74.77.xx.xx




Another Gambler! (by Tim [CA]) Posted on: Jul 5, 2024 3:31 PM
Message:

I've required 3 months of bank statements for about 5 years now. I've found it to be a great screening tool to refine the application process. The sailing has been much smoother since I started doing this.

Since I started requiring applicants to provide their banking statements, I've only had to DQ a few applicants who didn't have bank statements and they both had ESA's.

--73.2.xx.xx




Another Gambler! (by RB [TN]) Posted on: Jul 5, 2024 4:04 PM
Message:

Behaviors have patterns, especially with money. --69.130.xxx.xxx




Another Gambler! (by zero [IN]) Posted on: Jul 5, 2024 5:02 PM
Message:

GKARL he is only one horse away from hitting it big and paying you for a year. Just give him a couple more months.

Wow, wonder if the GF knows about his addiction? --107.147.xx.xx




Another Gambler! (by GKARL [PA]) Posted on: Jul 5, 2024 5:09 PM
Message:

When I sent them the decline, the girlfriend got mad, accused me of not giving them a chance and hoped that I got a bad tenant. She did a bit of betting also, but not as bad as the boyfriend. --209.122.xx.xxx




Another Gambler! (by ken [NY]) Posted on: Jul 5, 2024 5:58 PM
Message:

you found out her character with her answer, you avoided a bad one there --74.77.xx.xx




Another Gambler! (by plenty [MO]) Posted on: Jul 5, 2024 6:45 PM
Message:

The do sometimes get defensive and not back. You did give her a chance. The application was the chance. Someone will rent to them, Sometimes it's more about my screening list of criteria than what they present as their profile. I try to deliver the rejection message about me or the house or at this time... Soften the news --172.59.xxx.xxx




Another Gambler! (by 6x6 [TN]) Posted on: Jul 5, 2024 9:02 PM
Message:

I believe gambling has become quite popular. And yes, they do lose more than they gain, but they don't care. --76.129.xxx.xx




Another Gambler! (by Adele [FL]) Posted on: Jul 5, 2024 11:08 PM
Message:

Do on line chess. You can lose enough to satisfy the gambling habit without losing any real money!! haha --76.242.xx.xxx




Another Gambler! (by BRAD 20,000 [IN]) Posted on: Jul 5, 2024 11:46 PM
Message:

Gman,

Great catch and great advice!

I have not explored the gambling aspect of res who cannot pay their rent.

Always disappointed when applicants who have been living with family don't have ANY money saved for move in funds.

As the internet became available years ago I lost several residents to online gambling and online dating.

BRAD --73.103.xxx.xxx




Another Gambler! (by zero [IN]) Posted on: Jul 6, 2024 9:38 AM
Message:

Do you always send declines?

I thought you didn't have to unless it was because of FICO.

I have one couple that applied a month or so back for the place I am still working on. I have not said anything to them. They didn't fill out all of the application but that could have been an accident. He didn't have a long work history but it was with my CU so I guess easy to determine.

Anyhow, I just thought about that. In the past I have just not said anything unless they contact me again. Most of the DQs are for obvious reasons. --107.147.xx.xx




Another Gambler! (by ken [NY]) Posted on: Jul 6, 2024 11:18 AM
Message:

zero,when my stepson wanted to move back in years ago at age about 19 he said he wants to save to buy a house,i knew better but he mother believed him and thought it was a great idea,he knew the rules no moving back in once you move out but i figured i would play with him.I asked how much you going to save toward a house, he gave my some rediculously high number so i said ok but it goes in an account you cant have access to and every friday you prove to me it was deposited, i was the bad guy of course and they both were mad at me, mad at me for pointing out you were lying to us to begin with but that made me the bad guy --74.77.xx.xx




Another Gambler! (by GKARL [PA]) Posted on: Jul 6, 2024 11:51 AM
Message:

Ken, that sounds like something I would do to smoke out the BS. I have the same rule for my kids, no moving back in and if you want to lazy around and not work, you have to move and finance that on your own. In other words , bear the financial burden of your behavior. I don't mind if you're actually using home to save money and get ahead, but I'm not going to enable and assist with nonsense. --209.122.xx.xxx




Another Gambler! (by zero [IN]) Posted on: Jul 6, 2024 4:12 PM
Message:

Mine are both out but spend large amounts of time here still.

It's fine as we are pretty tight as an extended family. There are rules but they don't always get followed.

Nothing harsh but the little things that make you realize this is your house and they could do it at their own place.

That being said I am getting over a cold that the youngest gave to his mother who gave it to me. The oldest is staying away as she doesn't want the down time. --107.147.xx.xx




Another Gambler! (by Busy [WI]) Posted on: Jul 7, 2024 2:48 PM
Message:

Zero, that has been the serious negative to babysitting grandkids. This winter, just for fun, we all had mono. Lots of naps holding the toddler. Its been one long cold fir a couple of years now. Occasionally stomach bug. But, Iíll gladly take the sniffles, they ( grandkids) are so cute!

I have a nephew who was a fairly successful gambler. Unfortunately, he had a bit ( ahem) of undiagnosed mental health problems. So, I have it stuck in my head that there is a connection. Gambling doesnít seem rational to me. Though nephew was crazy good at maths, so maybe that is what made him win more than most. Clearly wasnít good at guarding his mental health. --172.59.xx.xxx




Another Gambler! (by zero [IN]) Posted on: Jul 7, 2024 3:46 PM
Message:

We have the grandpup for the day. --107.147.xx.xx




Another Gambler! (by Ray-N-Pa [PA]) Posted on: Jul 7, 2024 8:01 PM
Message:

Great catch......

So how does one turn down someone who has a bad habit like that? --24.101.xxx.xxx




Another Gambler! (by GKARL [PA]) Posted on: Jul 8, 2024 8:16 AM
Message:

Ray, in this case they lied about their combined income and they had no current rental history, so I denied on that basis, however, I wouldn't have had an issue denying directly based on the excessive gambling. To me that's similar to excessive debt service per the credit report. Too much of it and there's no room for rent. This isn't the first time I've run across this. --209.122.xx.xxx



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