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52
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39
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Chris Reyes
  • Investor
  • CO
39
Votes |
52
Posts

Potential Tenant that will use a Trust without employment

Chris Reyes
  • Investor
  • CO
Posted

Hi everyone! 

There’s a potential tenant that has applied for a rental that is using a trust as proof of income, as well as 30 day bank statements. They do not currently have any type of employment. The other tenant that will be occupying the property does have full time employment. 

My question is, has anyone dealt with a tenant that is using a trust to pay for the rental income. If so, what precautions should I take to ensure everything is legitimate with their trust? 

Thank you in advance! 

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