When to Accept/Reject a Tenant with a History of Collection Judgements

[Scott Weaner]

I am about to make some decisions about our first rental property. I have a possible tenant, but have concerns after looking at the credit report. This is a husband/wife, with the husband being the sole earner. he qualifies financially, and has nothing bad on his report. His wife, however, has a number of collection reports over the last 2-3 years. Most are for small amounts from CC debt, utility companies, etc.

How does one decide? I would like to contact the prior landlords. they have lived in apartments. Do I just call the rental office?

Thanks!

[Chris K.]

If the husband is going to be the one handling the payments, has a qualifying salary and clean report then I wouldn't care much about the wife. I'd definitely contact their previous landlords like you said you would.