How to deny when Vet Admin will pay most of rent? : ezLandlordForms

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Thomas J

started a topic about 7 years ago

I have an applicant who cannot qualify for my rental on their own family income. They claim the Veterans Administration will send a check for $1,000 each month to my bank account. The renter then will give me the remaining $450. I don't want to be involved in any way with the government. I feel I will have to learn certain regulation, fill out forms and make reports. How can I safely deny a lease to this person?

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Stan M

said about 7 years ago

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.

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Thomas J

said about 7 years ago

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?

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Stan M

said about 7 years ago

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.

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John P

said about 7 years ago

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.

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Thomas J

said about 7 years ago

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.

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Stan M

said about 7 years ago

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.

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J D

said about 7 years ago

If they are qualifying but you have others in mind, just say that other applicants met your criteria or make it a time thing. Like this applicant had the same credit but applied before you. if they ask. I keep it pretty general when sending any denials.

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Ace D

said almost 3 years ago

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?