A whole year's rent upfront?

[Nicolas Saavedra]

Hello BP community! While helping someone find a tenant for their property I encountered a dilemma. A prospect tenant offered to pay 2 months rent deposit plus 12 months of rent upfront due to the fact that I was unable to screen them at all. They had just moved to Virginia from China and had an international business BUT would not provide me with any details. They seemed like nice people but I ended up rejecting them. It was hard to see the lump sum money go since it could have been used for another project. Did I do the right thing there? Or could I have done something more creative?

[Matt Turbitt]

Im not commenting on the unwillingness to provide details or personal info but in regards to the 12 months in advance that is EXTREMELY common in the Asian community so don't let that part scare you away. Most commonly when they have a weathly family back home that is footing the bill for everything stateside.