Screening an Army Vet
Christina GaldieriPro Member
Member since 2023 · 55 posts · 18 votesScreening an Army Vet
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Property Manager · Pinellas County · Member since 2024 · 5 posts · 2 votes
2yHi Christina,
I am the CFO for a Pinellas Property Management in TB FL and I use the following methods when verifying income for military personnel. Be advised, military personnel are not bound to lease agreements if they get orders to PCS to another base (permanent change of station) or deploy. Otherwise, we have had some excellent experience with active duty military, traditional reservist/guardsman, and veterans.
1. LES (Leave and Earnings Statement): This is the military equivalent of a pay stub and provides detailed information about a service members pay, allowances, and deductions.
Generally Applicants must submit:
2. Bank Statements: Reviewing bank statements can provide additional evidence of consistent income and display how much cash they have in reserve. In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.
3. Tax Returns: Request copies of the individual's previous years tax returns will confirm there yearly income and account for expenses and liabilities.
4. Previous Landlord: Speaking with previous landlords can provide insights into the individuals rental history, payment habits, and overall behavior as a tenant. It's particularly helpful to inquire about the promptness of rent payments and the condition in which the rental unit was left upon vacating. In addition, I often request to visit there current residence to see how they take care of the property.
5. Background check: I always perform a background check. This can provide the applicants criminal/credit history.
There are no guarantees, but performing due diligence, an assessment of character, and affordability is what keeps up in business. Let me know if this was helpful or if there is anything else we can help with.
8 Replies
- Property Manager · Pinellas County · Member since 2024 · 5 posts · 2 votes2y
Hi Christina,
I am the CFO for a Pinellas Property Management in TB FL and I use the following methods when verifying income for military personnel. Be advised, military personnel are not bound to lease agreements if they get orders to PCS to another base (permanent change of station) or deploy. Otherwise, we have had some excellent experience with active duty military, traditional reservist/guardsman, and veterans.
1. LES (Leave and Earnings Statement): This is the military equivalent of a pay stub and provides detailed information about a service members pay, allowances, and deductions.
Generally Applicants must submit:
2. Bank Statements: Reviewing bank statements can provide additional evidence of consistent income and display how much cash they have in reserve. In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.
3. Tax Returns: Request copies of the individual's previous years tax returns will confirm there yearly income and account for expenses and liabilities.
4. Previous Landlord: Speaking with previous landlords can provide insights into the individuals rental history, payment habits, and overall behavior as a tenant. It's particularly helpful to inquire about the promptness of rent payments and the condition in which the rental unit was left upon vacating. In addition, I often request to visit there current residence to see how they take care of the property.
5. Background check: I always perform a background check. This can provide the applicants criminal/credit history.
There are no guarantees, but performing due diligence, an assessment of character, and affordability is what keeps up in business. Let me know if this was helpful or if there is anything else we can help with.
- 2yMichael SmytheBusiness MemberReal Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
@Christina Galdieri they should be getting a paycheck, but you can also ask for a bank statement to verify VA direct deposit.
Logical Property Management4.9454 Reviews - Member since 2023 · 55 posts · 18 votes2y
Thanks everyone-I verified bank statements and also got the letter. She is a disabled vet so she isn’t active and won’t be deployed. She has great credit history as well. I could not verify her previous landlords as she was a homeowner and is going through a divorce.
- Member since 2023 · 55 posts · 18 votes2y
Quote from @Aaron T.:
Just ask for the VA award letter. its one page and will give you an idea of what the disability % is.
Thanks she was able to provide it!
- Member since 2023 · 55 posts · 18 votes2y
Quote from @Joseph Narcisse:
Hi Christina,
I am the CFO for a Pinellas Property Management in TB FL and I use the following methods when verifying income for military personnel. Be advised, military personnel are not bound to lease agreements if they get orders to PCS to another base (permanent change of station) or deploy. Otherwise, we have had some excellent experience with active duty military, traditional reservist/guardsman, and veterans.
1. LES (Leave and Earnings Statement): This is the military equivalent of a pay stub and provides detailed information about a service members pay, allowances, and deductions.
Generally Applicants must submit:
2. Bank Statements: Reviewing bank statements can provide additional evidence of consistent income and display how much cash they have in reserve. In Tampa it's common to find an entrepreneur that is running there own business and this allows me to verify how much cash they have on hand and assists me in calculating their debt to income ratio.
3. Tax Returns: Request copies of the individual's previous years tax returns will confirm there yearly income and account for expenses and liabilities.
4. Previous Landlord: Speaking with previous landlords can provide insights into the individuals rental history, payment habits, and overall behavior as a tenant. It's particularly helpful to inquire about the promptness of rent payments and the condition in which the rental unit was left upon vacating. In addition, I often request to visit there current residence to see how they take care of the property.
5. Background check: I always perform a background check. This can provide the applicants criminal/credit history.
There are no guarantees, but performing due diligence, an assessment of character, and affordability is what keeps up in business. Let me know if this was helpful or if there is anything else we can help with.
Thank you!
- Member since 2023 · 55 posts · 18 votes2y
Quote from @Michael Smythe:
@Christina Galdieri they should be getting a paycheck, but you can also ask for a bank statement to verify VA direct deposit.
Thank you! I was able to verify based on everyone's responses and what I had asked her for previously!
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