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Updated over 1 year ago on . Most recent reply

User Stats

20
Posts
7
Votes
Jessica Young
  • Investor
  • Houston, TX
7
Votes |
20
Posts

Is this the best way to go about it?

Jessica Young
  • Investor
  • Houston, TX
Posted

My property is up for rent near LSU and I’ve only ever rented to graduate students. 

I have an international applicant this time around that has great references and her PhD letter from the school, but she has a collection. I wish to double the security deposit and approve their application to reduce my risk.

I’ve read about increasing the rents, but I’m not sure I care for that route.

Would simply asking for an increased deposit be best and move forward?

Most Popular Reply

User Stats

63
Posts
32
Votes
Deandre P.
  • Real Estate Consultant
  • Houston, TX
32
Votes |
63
Posts
Deandre P.
  • Real Estate Consultant
  • Houston, TX
Replied

I think the security deposit makes the most sense. I’m not much of a fan of increasing rents for a specific tenant for credit history, etc.

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