General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Tenant applicant - Chapter 7 discharged 6 months ago
I have a tenant applicant who had chapter 7 discharged and assessed amount paid 6 months ago. His app states it was due to problems when owning his own business. He has a union job for the past two years making well above the 3x rent, has two credit accounts (both opened since ch 7 discharged) that are paid on time, has credit score of 600. His lease is not being renewed at the current place after 2 years (rent is the same as we are asking). I have a message in for the landlord, but it is an llc (not a big complex or rental management company) so I am interested to see how forthcoming he will be.
I have read the old posts about tenants who are still going through bankruptcy, but what do you think of someone who has completed the process this recently?
Bigger deposit or run away?