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Updated about 6 years ago on . Most recent reply

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40
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William C.
  • Plano, TX
0
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40
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Applicants with eviction in 5 years ago

William C.
  • Plano, TX
Posted

Hi All,

Newbie here...  I have an application with eviction in 5 years ago.  Still working on credit recovery.  Family income is met OK.  Good rental references. No criminal records.  It is in class B rent market.  Shall I consider this application?

Thanks!

Most Popular Reply

Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
1,038
Votes |
1,252
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Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
Replied

When you have an applicant that is "iffy", get a Co-signer!!!!  This will help the applicants establish their credit if they pay their rent on time with you.  So this is a good thing.  If the tenants pay well after a year, then remove the Co-signer from the lease.

Of course, the Co-signer, must qualify as well!

Nancy Neville

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