Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

40
Posts
0
Votes
William C.
  • Plano, TX
0
Votes |
40
Posts

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
Posts
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

Loading replies...