Screening International Students

[Rich C.]

For those who rent to international students, how do overcome the lack of credit history, income and US cosigner when screening?  For example, do you ask for double security deposit or last month's rent paid with deposit and first month's rent up front?  I have had good luck with international students and am curious how other folks handle this.

[Jason Mak]

I do it the same way as you describe and I own a pretty large apartment building.  I don't even bother with credit check or US Cosigner for international students.  Other than a good deposit, I also ask for proof of funds (bank account, loans, grants, etc)  Most of the foreign students are financially capable of paying the rent - never had an issue with that.

One thing I do find is that their expectation for cleanliness may differ to that of yours so you need to be very clear and have as much things in writing as possible.  (i.e., no hanging your dirty laundry in public spaces)  

Also, make sure you talk to them about how they will get any security deposit refund back. Do they want you to mail them a US check to their overseas address?  Cash?  etc etc.