Re: first come first serve? - Landlord Forum thread

Re: first come first serve? by Bryan (Ia) on June 9, 2012 @17:10

I find no reason not accept the most qualified. As long as you have a written set of minimum qualifications. If you have a preference for no pets over pets, then there is nothing discriminatory for finding that prospect more qualified than another, even if you do accept pets.

Eric (Mn) has even shared a point system that he uses as part of his qualification process. Using a point system, by nature, allows you to select the most qualified prospect, not the first one that meets your minimums. Think of this a starting point.

Points
____ 10. Good rental history (at least 2 of 3 of the following).
___ a) 5 years verified (need names and telephone # of all references)
___ b) 2 years at current residence (stability)
___ c) at least 2 good independent rental references (multiple verification)
-3 pts for each, 1 point bonus for all three
____ 9. Neat and complete application.
-subtract 2 pts for each incomplete or unclear item
____ 8. Good Credit (Credit paid on time, no judgements, bankruptcy, UD's).
-subtract 2 pts for each negative item, add 2 pts for each positive item no items, no pts
____ 7. Income 3X rent.
-all or nothing
____ 6. Currently live or have family or work, etc. in the area (have a reason to live at this location).
-all or nothing
____ 5. Working current job or attending school more than two years.
-all or nothing
____ 4. All references checked out (primarily landlord and work).
-all or nothing
____ 3. All occupants viewed apartment, were at interview (including children).
-all or nothing
____ 2. All income verifiable (with telephone #'s and names provided).
-all or nothing
____ 1. Working or going to school.
-all or nothing
SCORE:_________________
55 possible pts: Accept if > 28 Reject if < 28

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Re: first come first serve? by Anna Mouse on June 9, 2012 @21:16	[ Reply ]

Thank you Brian and Eric. This is exactly what I need in order to CYA. Just in case, it really puts my mind at ease having a most excellent tool like this.