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Updated over 1 year ago on . Most recent reply

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Jack B.
  • Rental Property Investor
  • Seattle, WA
1,047
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Should I reject these applicants and keep looking?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

I tried ABNB out with one of my rentals last year and am converting it back into a long term rental and also trying mid term rentals until I find a long term tenant. 

Applicant A: Mid term. Travel nurse and her husband plus dog (I don't like dogs and usually don't accept them). They would rent for 3-5 months at 2K a month. It left a bad taste in my mouth that they tried to negotiate the rate down so they could pocket more of the 4K a month the employer is paying for their lodging....plus he's an insurance adjuster so I worry about him trying to pull some kind of "injury" scam while he is here.

Applicant B: Long term. Entitled grown man. Asked if I'd be willing to buy a carport for his parking spot at my expense. I'm like, ugh, no.

Or....option C is I keep it as a short term for now and give ABNB another try this summer. It was booked solid last summer. I'm getting inquiries from insurance companies for my place too, 7K for a 50 day stay...but no deal yet.


So would you rent to Applicant A? Or?

Most Popular Reply

User Stats

1,888
Posts
1,047
Votes
Jack B.
  • Rental Property Investor
  • Seattle, WA
1,047
Votes |
1,888
Posts
Jack B.
  • Rental Property Investor
  • Seattle, WA
Replied
Quote from @Henry T.:

Reject. At the size of your posts I'm sure you know what youre doing screening wise, high credit scores, high qualifications, job length, 3x, and so on. Bullet proof lease with LOTS of rules and clauses. I've been doing this game over 30 years now. Seattle has turned toxic. I'm closing doors and presently rehabbing to sell out. Seattle landlording is dead to me. 1st in. $10 late fee. Unlimited occupants. Can't evict family with kids in school. Winter eviction ban. Ridiculous "just cause". Today they're voting on 5% rent cap. THEY just dont quit. Why deal with the anti-landlord environment? If you're younger I'd suggest you get out and go to a landlord friendly state where you have some rights and less stress. Good luck Jack!

 My rentals are close to Seattle but in the surround burbs, Renton, Maple Valley, Auburn, Federal Way, the list goes on and on....but I hear ya. When the market drops again and rates are low, I intend to 1031 my entire portfolio out of state, possibly to Idaho. They still have good appreciation, but aren't socialist.

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