18 min listen
How Landlords of 40 Years Have Had Just A Few Evictions With Skip and Mary Saylor (ep 7)
How Landlords of 40 Years Have Had Just A Few Evictions With Skip and Mary Saylor (ep 7)
ratings:
Length:
19 minutes
Released:
Oct 21, 2014
Format:
Podcast episode
Description
How to pick the right tenants, to minimize evictions. Skip and Mary Saylor talk about the lessons they have learned from 40 years of owning rental properties. They have rented a lot of properties, to a lot of different people over the years, but they have had very few evictions. On this episode they reveal, in detail, exactly how they screen tenants Screening Process: 1.) Fill out application 2.) Pay application fee 3.) Show photo ID 4.) Credit Check 5.) Check civil court records to see if they have been sued by a prior landlord for not paying rent or property damage 6.) Verify employment (min income 3x rent) 7.) Verify current and past landlords Rental Criteria (they show this to tenants before taking application fee) 1.) No unpaid landords 2.) No utilities in collection (electric, water) 3.) No crimes against persons or drug convictions in the last 5 years 4.) Other negative credit information can be overlooked Favorite Real Estate Book: Landlording by Lee Robinson
Released:
Oct 21, 2014
Format:
Podcast episode
Titles in the series (100)
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