Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on . Most recent reply

User Stats

205
Posts
44
Votes
Robert Carl
  • Investor
  • Baltimore, MD
44
Votes |
205
Posts

Do you have to rent to people that dont work and just recieve disability?

Robert Carl
  • Investor
  • Baltimore, MD
Posted

I dont like renting to people that just recieve social service checks as income for 2 reasons.

1. If you dont work for it you dont take care of it.

2. You cant not garnish social service income.

Most Popular Reply

User Stats

3,975
Posts
3,356
Votes
Pat L.
  • Rental Property Investor
  • Upstate, NY
3,356
Votes |
3,975
Posts
Pat L.
  • Rental Property Investor
  • Upstate, NY
Replied

Our perspective....

We just took over a duplex where the one tenant is on social security disability because of a legit injury. Soc Services pay $224 of his $675/mo. He has never been late & took in a room mate to help with expenses.

Then we have a mid 50's gentleman who rents a SFH from us for $675 & is also on Soc Security Disability. He has ALS that sadly is advancing quickly & we continue to work with him. We went in & rehabbed a room on the lower floor to make it a large bedroom with a wide door so he could navigate his scooter that he is now confined to. We also took out the inside basement stairs to convert the space to a larger en-suite bathroom with stackable Washer/Dryer. Admittedly he insisted on paying for some of the material upgrades & it was worthwhile. His daughter visits weekly to do housework etc.

We originally bought the home as a trashed foreclosure so knew we had the margins to do a total rehab but this has become a special project.

He is petrified of being evicted if we don't get his check. He has mailed it out on the 3rd (the same day he gets his Soc Sec deposit) without missing a beat for 3 years now. He calls me every time he puts it in the mail then again a week later to make sure we got it.

Both of these gentlemen take excellent care of their humble abodes & we have no intention or need to raise their rents.

But it's true you cannot attach Soc Sec payments !!!

Loading replies...