Rental Application Evaluation Criteria

When we teach the Tenant Screening class, we strongly encourage you to use written Rental Application Evaluation Criteria when processing each applicant to make sure you are compliant with Fair Housing Laws. This is a sample of written Rental Application Evaluation Criteria for you to edit and use—with the help of your own attorney—in your business.

A special thank you to Brian Williams who shared his Rental Application Evaluation Criteria with our local investor club. The Rental Application Evaluation Criteria below is from him. Thank you Brian!

Here are images showing the newest version of a sample Rental Application Evaluation Criteria.

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Seller’s Property Disclosure Case Studies

In this class, I go over what Seller's Property Disclosures are, the dates and deadlines associated with them, how and when we might object to them and then go over several examples of what you might expect to find in a Seller's Property Disclosure.

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Mock Tenant Screening

I just finished what was supposed to be the Mock Tenant Screening class on June 20, 2017. However, for a number of reasons including that I just got back from vacation, the class was more a preview of the new Rental Application Evaluation Checklist tool I am creating. Class on Mock Tenant Screening Improvements The following are improvements I plan to make to this page based on some of my Standard Process Improvement Questions. Consider recording tenant screening calls and post as examples. Create dynamic checklist for screening tenants and integrate into our system.

At Investor Meeting Checklist

The following is the checklist to be used primarily by Real Estate Agent and/or Lender Sponsors when they arrive to host an investor meeting. It is based on what I use as our checklist for preparing for our investor classes in Fort Collins.

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Prepare For Investor Meeting Checklist

The following is the checklist to be used primarily by Real Estate Agent and/or Lender Sponsors to get ready for an investor meeting. It is based on what I use as our checklist for preparing for our investor classes in Fort Collins.

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Standard Process Improvement Questions

“Getting better” is a key Nomad philosophy.

With that in mind, I am constantly thinking of ways to better serve my own local Nomad clients (as well as other investor and owner occupant buyers and sellers). This extends beyond just my clients and into myself, my staff and my key partners.

Systematically going through each step of my processes and asking myself “get better” questions is how we ultimately get better and serve at a higher level.

The following are some key questions I ask myself about how I can improve our systems and processes and make them better.

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Brokerage Disclosure Regarding New Construction

During: Buying Process Overview: First Meeting: Brokerage Disclosure Regarding New Construction

Brokerage Disclosure Regarding New Construction is all about understanding the risks when buying new construction that is different from buying resale homes. It is part of the Paperwork step of your First Meeting with your real estate agent.

The Brokerage Disclosure Regarding New Construction is shown below.

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Facebook Ads for Real Estate Agent and Lender Sponsors

Last week Tammy and I sat down and drew a very crude version of the following flow chart on my white board in my office. I'll probably end up teaching an entire class on this in the future.

ads-flowchart

With the intention of making 2017 even better than 2016, we determined that getting more people to our local real estate investor classes was the best goal we could focus on.

I sat down with a couple spreadsheets containing data from our local real estate investor classes and the transactions we did in 2016. I'll loop back to the ads above, but I'll share with you some of the data that made us decide to focus on some Facebook ads.

Background for Assumptions: My Investor Club Numbers for 2016

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After for Real Estate Agents

The After for Real Estate Agents checklist are the things that Real Estate Agents working with Nomads should do after they've helped their Nomads buy Nomad properties.

It is part of the three major checklists that we have:

We have a similar set of Before, During and After checklists for the things that Real Estate Agents working with Nomads should do.

After for Real Estate Agents

The following are my recommendations for tasks that Real Estate Agents should complete after helping their Nomad clients purchase their Nomad properties.

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About

What Is Real Estate Financial Planner™? The Real Estate Financial Planner™ software allows you to model personal investment strategies that include: Stocks and/or bonds Retirement accounts including IRAs and 401(k) plans Single-family homes, duplexes, triplexes, and four-plex rental properties Apartments and other residential multi-family properties Commercial and industrial real estate investments Job income (including income from house hacking and side hustles) Personal expenses (while you’re working and in retirement) Social security Annuities Get Started With a Free Account How to Use Real Estate Financial Planner™ The Real Estate Financial Planner™ (REFP) software also allows you to “program” your specific investing … Read more