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Updated about 8 years ago on . Most recent reply

User Stats

132
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51
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Jonathan Beemer
  • Investor
  • Broken Arrow, OK
51
Votes |
132
Posts

Do you take circumstance into consideration?

Jonathan Beemer
  • Investor
  • Broken Arrow, OK
Posted
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

User Stats

164
Posts
90
Votes
Brian Corbett
  • Residential Real Estate Broker
  • Greenville, NC
90
Votes |
164
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Brian Corbett
  • Residential Real Estate Broker
  • Greenville, NC
Replied

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.  

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