Module #1 - Mindset Quiz

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1) Should you accept the first tenant that applies for your rental? *

10 points

Yes

Only if I have a single application

2) Why is it important to visualize and create a profile of your ideal tenant? *

10 points

It gives you clarity during your screening process

It gives you patience if you have a long list of applicants

It lowers your risk of getting a bad tenant

All of the above

3) What is the advantage of renting to Section 8 Tenants? *

10 points

They pay all of the rent on time every month

You get paid before a tenant moves into your rental

Every tenant is prescreened by the Public Housing Authority

Security deposits are paid by the Public Housing Authority

4) What are the most important things to remember when running a rental? *

10 points

Treat your business as a rental

Your tenant is a customer

Make no decisions based on emotion

All of the above

5) What is the disadvantage of renting to Section 8 tenants? *

10 points

The tenant can choose what they want to pay

You won't receive rent until the tenant moves in

Tenant does not need to pay a security deposit

Tenants will always cause damage to your rental

6) What would be considered a bad tenant personality trait? *

10 points

Moved cities several times

Violent criminal history

Is a smoker

All of the above

7) What are the potential 'red flags' that indicate a prospective tenant is not the right fit? *

10 points

They say the rent is too high

The want to pay the deposit in installments

They don't like their job

Their job pays in cash

All of the above

8) Where is the best place to advertise your rental for Section 8 tenants? *

10 points

Facebook

Trulia

Craigslist

GoSection8

9) How many evictions were filed in 2015? (most recent data) *

10 points

6.3 million

2.3 million

2.7 million

1.8 million

10) “An ounce of prevention is worth a pound..." *

10 points

"of cure"

"of damage"

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