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michigan: Collecting Prospective Tenants' Application Fees - 06/25/08 10:33 AM
Hello Everyone,
I just got an idea on collecting larger amounts of application fees... and making it easier.
Several times prospective tenants ask if there is an app fee, and I often waive the charge, in hopes to get more appicants to choose from.  I have found that requiring a large fee upfront will sometimes cause an otherwise good tenant to not want to even show up.
When a tenant views a property, I tell them that there is a $20 application fee, to be collected when the lease is signed.  This way I still get a fee charged, and I … (0 comments)

michigan: Hello-I just jumped on! - 11/15/07 12:46 PM
Although I'm new to this active rain, I have been working with buyers and sellers for nearly 20 years now, and I spend most of my time finding and selling single family and multi-family investment properties in the Grand Rapids area.  With 15 rentals currently and constantly working on rehab properties, I have gained lots of experience in the landlording area, including how to deal with city officials, code compliances, court proceedings and more!
I'd like to welcome you to give me a post about a helpful hints/tips to dealing with any aspects of landlording or investments in real estate.
… (6 comments)

 

Jeff Lund

Grand Rapids, MI

More about me…

Jeff Lund-Income Property Specialist- Bellabay Realty LLC

Address: P.O. box 726, Rockford, MI, 49341

Cell Phone: (616) 540-0044

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This blog is committed to buying and selling income properties, landlording, and creating wealth in real estate. real estate, properties, rentals, landlord, tenants, links and more! <p


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