RE: How to deny when Vet Admin will pay most of rent?
You should receive a letter/contract from the VA stating the amount and length of time....... Also, check to see what happens if tenant decides to break the lease, if any....... Keep us posted.
Posted by
Stan M, CA
on
Thursday, September 14, 2017
RE: How to deny when Vet Admin will pay most of rent?
Thanks, but what I am needing is guidance on how I can deny this application (I don't want to mess with the government as all) without drawing the ire of the VA. Any suggestions? Any advice?
Posted by
Thomas J, AZ
on
Thursday, September 14, 2017
RE: How to deny when Vet Admin will pay most of rent?
Use your tenant guideline for accepting........ example: if tenant qualifies based on ability to pay rent due to income/ VA assistance and VA is not willing to guarantee rent for the term of the lease, you may be justified in not accepting that individual. Keep us posted.
Posted by
Stan M, CA
on
Thursday, September 14, 2017
RE: How to deny when Vet Admin will pay most of rent?
Well, I know people deny Section 8 on the grounds of extra paperwork, inspection to be passed, etc. Doesn't seem to be illegal to do that. Can't see why you wouldn't do the same. I just rejected an applicant from Catholic Charities because the deal was THEY would pay their share ($700 of $925 rent) AFTER she had paid her share. So if she was late, they'd be late, etc. I said "Nope" and the Catholic Charity lady gave me no trouble whatsoever.
Posted by
John P, IL
on
Friday, September 15, 2017
RE: How to deny when Vet Admin will pay most of rent?
I appreciate both reply's. I guess my issue is on two points:
In both of the replies, I have to research government regulations, which I would rather, maybe foolishly, ignore. Is Section 8 part of some Veterans Administration code? Or is it like Federal Housing regulations? (Do I, as a landlord, HAVE to be aware of Section 8?) And for Stan, how would I find out if the VA is willing to guarantee rent for a particular term? This is all stuff I am reluctant to get into. Maybe I do have to.
Secondly, my issue with my tenant just paying $450 a month of the $1450 rent is that he naturally will just feel the place is worth $450 a month while I am certain it is worth $1450. I want a tenant who is invested in my place.
Posted by
Thomas J, AZ
on
Friday, September 15, 2017
RE: How to deny when Vet Admin will pay most of rent?
Sec. 8 is Federal Housing........ You ask VA for a copy of their terms for review before you accept.......On another note - you need to treat rental as a business. If you're uncomfortable about researching and asking questions, maybe another type of investment would work better for you..... Best wishes.
Posted by
Stan M, CA
on
Saturday, September 16, 2017
RE: How to deny when Vet Admin will pay most of rent?
I have tenants that apply and for several reasons don't qualify, ex: they have pets, their salary is only 1/3 of the rent, don't have good credit, etc. I don't want to give them an opening, ex: they lie, "oh I'll find a home & get rid of my dog," then I show up a month later I find the dog has trashed the home. And the stress begins trying to get them evicted. What's the best way to deny them without a battle or legal issues?
Posted by
ACE d, CA
on
Wednesday, January 26, 2022
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