Tenant Screening Process

[FlyerInHi]

Paramount, you need nerves of steel.
It’s good training to become good judge of character and screen tenants well.

The crazies that you meet, think of them as zoo animals performing a show for you. Don’t let it get to you.

[paramount]

Thanks flyer for the advice and encouragement.

I put my house on the market for top $$ – I’m going to give it a few weeks. If I don’t get solid offers by Aug 1 I’ll place it back on the market for rent.

[The-Shoveler]

My Two cents,

If you going to sell and just be done with LL’ing or a property then I think now is not a bad time to do that.

If your doing it because you think you can buy back cheaper later then it most likely is not worth it.

Anyway just my two cents.

[paramount]

[quote=The-Shoveler]My Two cents,

If you going to sell and just be done with LL’ing or a property then I think now is not a bad time to do that.

[/quote]

Yah, I’m done with the LL thing. It was purely an appreciation play – if I was making 500 bucks/month I might feel differently. I’m not. Not even close.

[Reality]

[quote=paramount]
I put my house on the market for top $$ – I’m going to give it a few weeks. If I don’t get solid offers by Aug 1 I’ll place it back on the market for rent.[/quote]

Why? If you don’t get “top $$” then it’s not worth that.
Do you see some great appreciation in the future?

This place next to where I used to live was on the market for 515k in 2006. Owner got greedy back then and now will get less than that 515k a DECADE later. And this during another mini bubble.

http://www.sdlookup.com/MLS-150035301-4554_Acacia_Ave_La_Mesa_CA_91941

[paramount]

[quote=Reality][quote=paramount]
I put my house on the market for top $$ – I’m going to give it a few weeks. If I don’t get solid offers by Aug 1 I’ll place it back on the market for rent.[/quote]

Why? If you don’t get “top $$” then it’s not worth that.
Do you see some great appreciation in the future?

This place next to where I used to live was on the market for 515k in 2006. Owner got greedy back then and now will get less than that 515k a DECADE later. And this during another mini bubble.

http://www.sdlookup.com/MLS-150035301-4554_Acacia_Ave_La_Mesa_CA_91941%5B/quote%5D

I don’t see much appreciation in the next year or two. I’m looking for top dollar for these reasons:

1. I want the realtor to work hard to get top $$

2. It’s a commodity house -> reasonably priced house on a very quiet street/nice neighborhood 100 yards or so from a highly ranked elem school.

It’s move in ready, quick escrow.

I’m even going to ask for an appraisal waiver addendum when I get offers.

I’m asking 5k over the zillow zestimate.

[Author]

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