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Updated almost 9 years ago on . Most recent reply

User Stats

32
Posts
2
Votes
Muks M.
  • Collegeville, PA
2
Votes |
32
Posts

Renting to someone new to US with no credit history

Muks M.
  • Collegeville, PA
Posted

What would you be careful of before renting to someone new to US with good salary (6 time rent) but no credit history in US ? Proof of salary from employer offer letter only. 

Good bank balance proof (25 times the rent). No background check option available as recently arrived from out of states. Agent claiming that background check was done as a part of VISA.

Just wanted to have people's opinion so that I dont miss anything obvious.!!

Most Popular Reply

User Stats

542
Posts
304
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Todd Plambeck
  • Agent/Investor
  • Murphy, TX
304
Votes |
542
Posts
Todd Plambeck
  • Agent/Investor
  • Murphy, TX
Replied

I'd ask for first, last, double deposit.  I'd return 1/2 of the deposit after 6 months on a 1 year lease.  Of course, in Texas I can evict someone in 21 days so I have lot's of insurance if things go bad.

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