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Updated over 8 years ago on . Most recent reply

Donald Hendricks's profile image
Donald Hendricks's profile image
Donald Hendricks
  • Investor
  • from Clarksville, Indiana
  • Member since Oct 7, 2012
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Donald Hendricks's profile image
Donald Hendricks's profile image
Donald Hendricks
  • Investor
  • from Clarksville, Indiana
  • Member since Oct 7, 2012
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Donald Hendricks
  • Investor
  • Clarksville, IN
96
Votes |
226
Posts
General Landlording & Rental Properties

Would You Rent to Tenant who...

Donald Hendricks
  • Investor
  • Clarksville, IN
Posted

Is not currently employed, but has $130,000+ cash on hand, has excellent credit, no evictions, no judgements, owns two rental properties and just sold their primary residence and moved to a new area for a pending job?  Rent is $1050 a month.  Tenant is absolutely qualified in every way, but does not meet 3X monthly rent criteria, but does have ample cash reserves.

What say you

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Marc W.'s profile image
Marc W.'s profile image
Marc W.
  • from Oak View, California
  • Member since Aug 20, 2016
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Marc W.'s profile image
Marc W.'s profile image
Marc W.
  • from Oak View, California
  • Member since Aug 20, 2016
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Marc W.
  • Oak View, CA
21
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32
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Marc W.
  • Oak View, CA
Replied

I'm confused...

You say they are not currently employed, but just moved to the area for a "pending" new job?

Ask for the offer letter, and if it's real- rent, rent, rent!

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