Process Application

Complete the "Process Application" checklist

Post-ClosingProcess ApplicationUltimate Nomad ChecklistWeek 65

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/

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate 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/

LeaseLease-OptionProcess ApplicationProperty ManagementSolving Tenant ChallengesTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 42

Call Tenant/Tenant-Buyer references

Call your prospective Tenant or Tenant-Buyer references.

Mark this task as complete when finished.

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

Evaluate prospective Tenant/Tenant-Buyer

Using your written Tenant Evaluation Worksheet, evaluate your prospective Tenant or Tenant-Buyer and determine if they qualify.

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

If you haven't already, conduct a pet visit

If you have not already done so and they're going to be staying in the property with a pet, you should conduct a pet visit to make sure the pet is friendly with strangers.

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

Approve or decline Tenants/Tenant-Buyers

If your Tenants or Tenant-Buyers pass your written Tenant Evaluation Criteria, approve them.

If your Tenants or Tenant-Buyers fail your written Tenant Evaluation Criteria, decline them.

Mark this task as complete when finished.

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

IF DECLINED BASED ON CREDIT: Provide Tenant/Tenant-Buyer with letter stating they were declined based on credit

If your Tenants or Tenant-Buyers fail your written Tenant Evaluation Criteria based on their credit, you are required by law to send them a letter stating they were declined.

Here's one sample, but you should have it reviewed by your own attorney prior to using it:

https://www.free-legal-document.com/rejection-letter.html

Mark this task as complete when finished.

Process ApplicationTenant ScreeningTenant-BuyersTenantsUltimate Nomad ChecklistWeek 60

Leave a Comment