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Updated over 10 years ago,

User Stats

348
Posts
111
Votes
Rafael Floresta
  • Investor
  • Philadelphia, PA
111
Votes |
348
Posts

Tenant wants to pay whole year lease at move in

Rafael Floresta
  • Investor
  • Philadelphia, PA
Posted

I have this property I recently remodeled, and went very possibly over remodeled. 

http://www.biggerpockets.com/forums/223/topics/142...

Now I get a call from a prospective tenant that says she is willing to pay a whole year in advance. 

It seems tempting to know I wont have issues collecting payments, but I am assuming he/she has bad credit. 

Does this normally happen? Do people pay whole years worth of rent at move in? Is this a bad setup for the second year?

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