There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
Less wear and tear with less people and use of utilities is you pay for any of them.
ray_higdon is correct. You must accept the first tenant that passes your qualifications. If you do not you might set yourself up for a HUD investigation.
Quote:
On 2005-08-09 20:30, Konte wrote:
There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
Less wear and tear with less people and use of utilities is you pay for any of them.
As long as you apply SAME set of criteria to everyone and you do not discriminate against a federally or state protected class, you can rent to the first or last applicant.
I have been using www.citicredit.com/tenant screening
You get their credit report, score and all the other reports that you want for various fees. So far I have had good luck
Legally you have to pick the first qualified person/people. So if all 4 are equally qualified, pick the one received first.
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There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
Less wear and tear with less people and use of utilities is you pay for any of them.
ray_higdon is correct. You must accept the first tenant that passes your qualifications. If you do not you might set yourself up for a HUD investigation.
Quote:
On 2005-08-09 20:30, Konte wrote:
There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
Less wear and tear with less people and use of utilities is you pay for any of them.
Verify employment, income, called the previous landlord, and find out why they are moving, basically be like a bank.
As long as you apply SAME set of criteria to everyone and you do not discriminate against a federally or state protected class, you can rent to the first or last applicant.
Jim
I have been using www.citicredit.com/tenant screening
You get their credit report, score and all the other reports that you want for various fees. So far I have had good luck
You wont hit your thumb when hammering if you hold it with both hands...
most people look better with clothes on....
The dumbest person is the one who knows everything...
You can marry more money in five minutes than you can earn in a lifetime...
The problems you have today will be distant memories in a year.
There is enough time to rest once you’re dead...
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And Jim for that matter, a way NOT to be held responsible for non performance.....
how we get here anyway? I thought the topic was something different....
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Thanks Mike,
Back on track...
Rules of Real Estate...
As my father used to say, "Never buy a mule at night!"
Jim
And I thought an Ollie was a beer....
Dang it....
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