Approve Applicant

Complete the "Approve Applicant" checklist

Approve ApplicantPost-ClosingUltimate Nomad ChecklistWeek 65

Review "Tenant Buyer Sales and Marketing" Recording of Live Class

If you have not recently watched the recording of the live presentation of "Tenant Buyer Sales and Marketing" you should review it:

https://RealEstateFinancialPlanner.com/tenant-buyer-sales-and-marketing/

Approve ApplicantUltimate Nomad ChecklistWeek 43

Review "Tenant Screening" Recording of Live Class

If you have not done so recently, review the recording of the live presentation of "Tenant Screening" available on:

https://RealEstateFinancialPlanner.com/tenant-screening/

Approve ApplicantUltimate Nomad ChecklistWeek 41

Review "Mock Tenant Screening" Recording of Live Class

If you have not done so recently, review the recording of the live presentation of "Mock Tenant Screening" available on:

https://RealEstateFinancialPlanner.com/mock-tenant-screening/

Approve ApplicantUltimate Nomad ChecklistWeek 42

Let Tenant/Tenant-Buyer know they're approved

Once you've approved them, let Tenant/Tenant-Buyer know they're approved by phone and email.

Coordinate meeting with them to get "Reservation Deposit Agreement" and the Reservation Deposit.

Approve ApplicantUltimate Nomad ChecklistWeek 42

Send Tenant/Tenant-Buyer "Lease" to review

Send your approved Tenants/Tenant-Buyers a copy of the "Lease" that you're going to ask them to sign.

Approve ApplicantUltimate Nomad ChecklistWeek 42

UNTIL YOU HAVE RESERVATION DEPOSIT: Continue marketing and processing applications

Until you have a "Reservation Deposit Agreement" and the reservation deposit in hand, continue to market the property and process applications.

No matter how solid you think your Tenant/Tenant-Buyers are it isn't rented until the paperwork is done.

Approve ApplicantUltimate Nomad ChecklistWeek 42

IF NOT APPROVED: Notify Tenant/Tenant-Buyer they've been declined

If the Tenant/Tenant-Buyers do not meet your criteria then notify them they have not been approved.

If they did not pass because of credit reasons you are required to notify them in writing.

Some landlords will let Tenant/Tenant-Buyers know what they'd need to do to qualify. For example, you might agree to rent to them if they prepare for 6 months of rent or get a co-signer, etc.

Approve ApplicantUltimate Nomad ChecklistWeek 42

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