How to deal with unqualified tenants ? - Landlord Forum thread 358436

How to deal with unqualified tenants ? by robar_investors@yahoo.com on August 16, 2018 @10:39

Many interested tenants inquiries by single mother's with 3 children very little income with poor credit. All potential tenants credit scores below 500 with no rental history. Our inventory is high had to turn some of our units to AirBNB with good success, However, rental inventory are high rents has been reduced applicants do not meet the minimum criteria here in Jacksonville, NC . A military town with a large newly built ed homes. Any positive suggestion will be helpful.

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Re: How to deal with unqualified tenants ? by Joel on August 16, 2018 @11:21	[ Reply ]

Shared by Renee in another post, but relevant. A great way to deferr the unqualified inquiries. You should take a few minutes and read about the LPA's suggestion about Prescreening. https://www.thelpa.com/lpa/what/prospectcard.html

Re: How to deal with unqualified tenants ?

Re: How to deal with unqualified tenants ? by lpadave on August 16, 2018 @12:56	[ Reply ]

Military town.......good resource for tenants on active duty as assigned there. Good housing for service people is a win win. If your units are nice and at market rents, the off base housing office should help you. Military are good tenants, as they are held to a higher standard and generally understand the authority process, respect and following dirrections

Re: How to deal with unqualified tenants ?

Re: How to deal with unqualified tenants ? by LAMAC66 on August 17, 2018 @10:01	[ Reply ]

As you may know, rent is market driven. Look at comps in your area market accordingly. You may have to adjust rent. However lowering your qualifying criteria should be your very last resort. Good luck.