FINDING THE BEST TENANT
The above couple of examples is a small sample of the total number of red flags we are looking for. For each red flag we will require a tenant to answer the questions in writing to clarify what we deem as to be a risk issue. This will either explain the situation or force the tenant to go deeper in their lies which is pretty easy to see thru based on all the info we have access to.
When underwriting an applicant the goal is to approve an applicant where we can structure the terms to expose the property owner to the lowest amount of risk. Often this comes in the form of collecting additional prepaid rent, last month's rent, pet fees, or requesting co-signers. At the bare minimum, for the best applicants with no pets, we will collect first month's rent and security deposit or non refundable move in fees.Schedule a Consultation