General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago, 09/03/2014
How to choose?
I have two applicants. I like both, have run background checks, and there are no red flags.
Candidate 1: financially a little better off, and I believe will treat the house very well. Due to their family situation I'm pretty sure they will move out after 1 year. They have a bankruptcy from 2008, from a failed business. They are current on all bills.
Candidate 2: Rent will be tight based on their income. Current landlord wants the house for a family member, so the candidate needs to find a new place. I believe they will take care of the house and stay long term-several years. Current landlord was very positive about renter, never had problems with rent. However my rent is 30% higher (my house is a definite step up from the home they are currently renting)
So my options are short term ( only one year), but I'm sure for that year they will be great renters. Or, long term renter, but one who will have to be careful with their budget to pay rent.
Who would you rent to?