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re: Rental properties. How to start

Posted on 6/16/22 at 10:15 am to
Posted by tigerfoot
Alexandria
Member since Sep 2006
56711 posts
Posted on 6/16/22 at 10:15 am to
quote:

(4) Screen tenants thoroughly.
Again, I am ignorant here. How do you go about doing that without screams of discrimination.
Posted by I Love Bama
Alabama
Member since Nov 2007
37767 posts
Posted on 6/16/22 at 10:17 am to
quote:

How do you go about doing that without screams of discrimination.


Always discriminate. Always. Just don't say anything out loud that gets you in trouble.
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6234 posts
Posted on 6/17/22 at 8:16 am to
TurboTenant
Posted by geauxnc0308
pineywoods of ET
Member since May 2008
537 posts
Posted on 6/17/22 at 11:47 am to
quote:

quote:
(4) Screen tenants thoroughly.
Again, I am ignorant here. How do you go about doing that without screams of discrimination.


Couple of things:
-when you list a property let all calls go to voicemail and make your voicemail greeting a description about the property. You can tell a lot about people just by their voice in the message they leave you. And you can reject all day long via text. When you get a few properties invest in a phone just for the properties or get a mirror number
-just because their credit is crap don't necessarily reject them, there's a reason they aren't in a house (credit is crap), if they have good rental history and your rent is <25% of their income welcome home
-see what their car looks like when they come to walk through the property - how they treat their car is how they will treat your property
-find them on facebook, etc and you can pretty much peg them for what type of renter they will be
-most counties post court/jail/etc records online, check all the adjoining counties

I could keep going but get on biggerpockets and do some studying, lots of screening tips on there
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