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Updated over 15 years ago, 08/13/2009

User Stats

234
Posts
53
Votes
Kel S
  • Real Estate Investor
  • Toledo, OH
53
Votes |
234
Posts

Prospective tenant wants to pay 1 year in advance??

Kel S
  • Real Estate Investor
  • Toledo, OH
Posted

Well guys we have a tenant that got some sort of settlement. She's about 40 and told us upfront that her credit is not good. She was right. I ran it and it's not. She apparently is suppose to go back to work for this one company in a couple months. I think she has a workers comp or some sort of accident settlement. In any case, hubby wants to go ahead and rent to her. I'm nervous, but her paying a year upfront doesn't sound too bad. That's about 8k. She's suppose to meet with hubby tomorrow and bring a check.

Would you all take the year in advance from a tenant with bad credit? Good thing is she has no evictions from what the report showed, so that did make me feel better.

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