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Updated over 9 years ago,
Would you accept this tenant?
A gentleman called, and asked if he could rent my townhouse over the phone.
Said that his employer would pay for the rent, and the monthly rent would be directly deposited into my bank account.
Also said that he'd like to sign a 2-year lease.
Red flags for me are:
1. Is it safe to give out your bank account info, for the tenant to pay for rent?
I've heard sometimes it's possible for an individuel to take money out of your checking account, if he/she knows the routing & account number, w/o an actual check.
I've also heard that in some states, as long as the tenant wires a portion of the rent into your account, you can't evict them, even though the amount isn't the full rent.
2. The guy's currently working out of state, so I guess he has legitimate reason not being able to see the place in person, which would also give me a chance to check him out.
However, it's definitely not ideal to rent to someone w/o meeting him in person.
On the other side, I'm attracted to the 2-year lease, and my place has been vacant for a month, and I need to fill it soon.
What do you guys think?
Would you rent to this guy or no?
TIA
Kevin