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49
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6
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Nick Leamon
  • Investor
  • Mc Kinney, TX
6
Votes |
49
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Prospective Tenents Running a Daycare

Nick Leamon
  • Investor
  • Mc Kinney, TX
Posted

So I am currently in the process of re-renting a property, one of my potential applicants is a couple who run a day care out of their house. They are licensed with the state and have been for 4 years, they have provided 2 years of Tax returns, and carry extra insurance to cover their liability. They make over 2.5x rent per month, but not quite 3x they were in their previous rental for 4 years, the rent was $150 more than mine is, and they always paid on time and were never late. if you were in my shoes would you rent to these people?

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246
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183
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Jennifer L.
  • Investor
  • San Jose, CA
183
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246
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Jennifer L.
  • Investor
  • San Jose, CA
Replied

@Nick Leamon  You should contact your insurance provider to make sure that they would not require additional coverage on your landlord's policy before making a decision.

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