General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply

Do you take circumstance into consideration?
Hi BP!
Wanting to know if you, as a landlord, have ever taken the "possible tenants" life circumstances into consideration?
If they have a low credit score, but have had past rents paid?
Thank you!
Most Popular Reply

I have worked with people before depending on the scenario. You know, sometimes life happens and we all need a hand every now and then. Just make sure you can verify the story they give and make as educated a decision as you can comfortably make.
I once charged a triple deposit with the guarantee to refund 1/3 after 6 months if things were going as planned and another 1/3 at the end of 12 months if still on course and they were renewing their lease for another 12 months.