All Forum Posts by: Nadir M.

@Charles Large

I did use the for rent sign and it did work. Had a individual call requesting information about property for her sister-in-law. Unfortunately that was the beginning and end of that applicant as they never actually submitted an application.

I had another applicant who just move to the state and wants to rent out my property for short term. He’s looking for a house to live in himself but wants to get situated first. Not sure whether I go with this applicant or keep house on market and try to look for long term tenant.

@Christine Smith

This makes perfect sense. As soon as I dropped my rent to below $1600 I got two applicants and one were solid in my opinion. A six month lease will work especially during this time of year. If tenant decides to vacate or renew then I can restart my lease agreement during the summer months. Crossing my fingers tenants renew.

What’s the best and most efficient way to sign a lease between tenant and landlord electronically? Zillow seems to have a decent way of doing so. I can upload my lease and have the tenant and myself adopt a signature. Is this the best way to carry out this lease agreement?

Thank you

@Teresa F.

That was my thought exactly. Have them occupy until mid summer then place a new tenant for long term lease. Wouldn’t be as hard to find a tenant during summer months as apposed to now.

@Kuba Bednarz

Have an applicant come through with very good credit score. A real estate broker who just moved to town in hopes of purchasing his own property to live in. Thoughts on a short term 6 month lease. Lease would expire mid summer which is a plus.

@Teresa F. That’s interesting about vouchers...I didn’t not know that. You know I have an solid applicant right now who wants to rent for 6 months and then move out. He’s a real estate broker and wants to find his own residence soon. What are the pros and cons to that you think from your experience? So you rent to someone you know will eventually leave way sooner than later

@Andrew Syrios

So when do you then increase your rent? How do you assess that? Ever since I listed property, I got two applications and one more coming in tonight?

@Teresa F.

This is great information. I think you have great policies in place to help you achieve those win win situations. So typically is your security deposit half the first months rent? If after a tenant leaves and damages are more than security deposit amount, do you ask for difference from tenant? I like the lower security deposit strategy I just don’t want it to eat away at cash flow when tenant leaves.

@James Ma

When you advertise on Craigslist, do you include the address as well? What additional information do you include on your Craigslist posts?

@Wale Lawal

If this applicant doesn’t workout I’m going to do as you and many others mentioned. Dropping price and putting a for rent sign.

Thanks for your help