Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 about 1 month ago,

User Stats

1
Posts
0
Votes
Colton Rickman
Pro Member
0
Votes |
1
Posts

Renting to Community Living Program

Colton Rickman
Pro Member
Posted

Hello,

I have a potential tenant that is part of a Community Living Program and I am looking for other peoples experiences dealing with these types of tenants.

So the tenant had a traumatic injury and now their insurance pays out a set amount each month to cover their living expenses. This money is sent to a company that acts as the custodian and makes sure all the tenants bills are paid on time. The custodian is who applied to my rental and also the one that came to view the property to ensure it is ok for the tenant. They seemed like very nice well put together people. They mentioned he is single and quiet which is ideal for a landlord haha. The custodian will check on the property/tenant every week to make sure everything is taken care of. Any thoughts on working with a custodian company? They mentioned the custodian is who will be on the lease (I am not sure if the tenant will also be there, seems that the custodian acts as the guardian in this case) and that they are the ones who pay the rent.

Loading replies...