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As property managers with experience, we learned to recognize these 10 red flags during the tenant selection process. These are the first five "red flags" that we are at the same time showing the property to a tenant. Try to remember that theses are only "red flags" and their answers may be true, but there is a need to deepen.
1. The tenant gives you more than the rent and deposit guarantee advertising. (This is a scam that has been underway for some time. The tenant will send an email offering to pay with a check box and enter an amount effective than the cost and seek reimbursement from the owner. The cash the check owner, the tenant write-in candidate and the refund check later spoiled.)
2. They are willing to pay all cash and the need to spend as much on.
3. They wonder if you can do all the upkeep, as it will the owner of a big favor.
4. They say they have always possessed and are "on the process"
5. Immediately after speaking ill of their own today saying that they do not give a good reference.
After receiving the application of it are the last 5 "red flags" usually find. Here are five "red flags"
6. The social security number provides information that does not match the information presented. (When the elements are in place on your credit report that do not match your application is also a flag "red)
7. Prospective tenants have lost their identity. (This may be true, but it is important to investigate a little more)
8. family members are their employers. (This may be true, but important to study a little later)
9. They have no credit and hire them and work for many years.
10. family members are the only owners. (This could also be true that many family members who rent their homes to family members)
Many of these warning signs It may be true that it is necessary to study the facts. These are only warning signs of further investigation. As a property management company, using a process selection that we have developed in recent years. Most of our procedures are the direct result of these "red flags." Our company Applying the same exact process to all candidates in order to protect owners against claims Fair Housing, and be able to put good qualified tenants in our homes.
George You is a Licensed Real Estate Broker/Owner of Mission Sands Property Management and serves San Diego, Mission Beach, Pacific Beach, Downtown, Mission Valley, La Jolla, UTC, and other surrounding areas.
George hosts a San Diego Property Management blog, which is a resource to San Diego Real Estate Investors and Landlords and can be found at SanDiego-PropertyManagement.com
La Jolla Shores Feb-March 2010 (1080p)