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Updated over 10 years ago on . Most recent reply

User Stats

34
Posts
4
Votes
Xin Z.
  • Plano, TX
4
Votes |
34
Posts

Should I accept this tenant

Xin Z.
  • Plano, TX
Posted

Hi all,

I have a potential tenant who had credit issues years ago.  I normally charge two months deposit for tenants with bad credits, but they told me they can't fork up so much money at this time.  Should I accept them with just one month's deposit?  Is there any other thing I can do to help prevent future problems?  The house is in an A-/B area.

Thanks a lot!

Most Popular Reply

User Stats

71
Posts
9
Votes
Kenneth Davis
  • Real Estate Investor
  • Glen Saint Mary, FL
9
Votes |
71
Posts
Kenneth Davis
  • Real Estate Investor
  • Glen Saint Mary, FL
Replied

I place all my tenants on a month to month lease regardless of how great their credit is and it has worked well for me with zero evictions for 9 years now.

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