More Data Points on Rental Applications = Less Risky Tenants

Why Polaris Property Management screens EVERY adult…..
March 11, 2015
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April 8, 2015
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More Data Points on Rental Applications = Less Risky Tenants

data pointsI’m always confused when I see rental applications that are one page long.  In large font. With lots of white space on the paper. Such a disaster waiting to happen…

If you want to secure better tenants in your rental properties, the solution is simple.

Ask questions.  Lots and lots more questions.

Trust me.  We process hundreds of rental apps each year and NOT A SINGLE PERSON didn’t finish the application just because we asked for lots of data on their personal and financial lives.

How many data points are on our application?  164.  Yep.  One hundred and sixty-four.

We gather it all upfront so that the we have all the necessary information for our Landlord’s to make informed decisions on how risky a tenant profile really is prior to making a Go/No Go decision….

An additional residual value in gathering this data up front comes into play after they have moved into the property, like when things sometimes go sideways.

If you are curious how we put the information to use, feel free to ask.  Always happy to share.


Why Polaris Property Management screens EVERY adult.....

Dan Baldini is the Founder of Polaris Real Estate Polaris Property Management, LLC and is also an Adjunct Professor in the College of Business Finance Department at Butler University in Indianapolis where he teaches Real Estate Investing.

Dan focuses his practice on the residential real estate markets including Indianapolis, Carmel, Zionsville, Fishers and other surrounding areas. Dan continually seeks out new resources for Team training and education in order to keep all the Team members skills on the leading edge of real estate best practices. He is an active real estate investor himself, owning and managing a portfolio of investment properties in the Indianapolis markets.

A resident of the Northside area since 1979, Dan has extensive intimate knowledge and experience of the market forces that dominate the Zionsville, Carmel, Fishers, and Indianapolis real estate markets. He has been active in real estate since 1996 with a specific focus on North side properties. Dan is an active networker in his local communities as well as with top agents nationwide.

 

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