All Forum Posts by: Michael Kotoyan

Thanks for all the great tips and advice. I finally landed a tenant. I ended up not using the Farther Joe's program because my rent was too high for them. Yes, I did screen the tenants and conduct a background check through  Cozy. I'll look into joining the Southern California Rental Housing Association.

I have a couple of potential tenants who applied via Zillow and paid $29. I had invited them to apply. For some reason, it took them to a Trulia login where they had to create a Trulia account and after they filled out their application I don't see it in my applications tab in Zillow. Has anyone had this issue?

I am a brand new rookie landlord. I just bought my first investment property in San Diego County (tiny condo) and started showing it to potential tenants. I have a potential tenant that is in a Rapid Re-Housing program of Father Joe's Villages. This is not a section 8 or a government program.

https://my.neighbor.org/

They promise a double deposit and will cover 100% of the rent for the first three months and their coverage scales down. 

Has anyone experienced any such program? Any advice?

Thanks so much in advance!

Did you ever get any replies to this post? Did this ever work out? I have a similar situation now.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $260,000
Cash invested: $65,000

Beautiful and quiet upstairs unit with open floor plan and vaulted ceiling for RENT.
Spacious 1 bed, 1 bath home, lots of storage and full-size laundry in unit.
Large kitchen with natural light, Jack and Jill bathroom, private deck off living room.
Large bedroom, park-like views.
1 car detached garage and 1 dedicated parking space. Large garage has bonus storage space.
Enjoy community pool and spa!

Very convenient location, close to shopping, restaurants, Vista Village, schools, parks, beach an

What made you interested in investing in this type of deal?

Retirement and wealth building

How did you find this deal and how did you negotiate it?

Realtor help

How did you finance this deal?

25% down

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $260,000
Cash invested: $65,000