REI Wealth Monthly Issue 02 | Page 35

MOBILE HOME INVESTING: DO IT YOURSELF STEP-BY-STEP RENTAL APPLICATION PROCESS FOR LANDLORDS JOHN FEDRO 2. Once the potential tenant calls the number and By the time you talk to any potential tenants on the enters in the proper extension, they will hear a phone, they will have already been able to see and five to eight minute message that OVER approve the neighborhood, basic home layout describes the property, qualifying instructions, (through the windows), hear about the qualifications location, address, price and terms (if applicable). process, approve the total monthly payment amount, They are also provided turn by turn directions to total move-in fee, and more. the property, and instructions telling them to drive-by the home, checkout the neighborhood, and look through the front and side windows. 5. If the potential-tenant loves the mobile home and wants to apply for residency, they will need to be approved, not only by you, but by the 3. Once the potential tenant verifies that he (or she) mobile home park itself (if the mobile home is approves located in a park). of the home's exterior and neighborhood AND is standin