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Updated about 8 years ago on . Most recent reply
Landlords....What would you require in this scenario?
Potential tenants for the 2nd floor of a duplex are 20 and 19 with no credit/rental history. I did confirm employment and background and both came back fine. Neither prospect has worked for their employer more than a year and both are FT students. I checked social media sites and those look clean as well (no partying, no meth labs, etc.) One works FT and grosses $3500/m and the other only works PT and grosses $500/m. Rent is $875 and property is in NJ.
Any and all opinions and suggestions are appreciated!!
Thanks all!!
Most Popular Reply

If they're splitting the rent down the middle, which one would assume. Then that means the lower income renter is paying $438 a month while making $500, leaving him with $62 to live off and all other bills. So I would turn them down unless he is getting financial support from family due to being a FT student, which he probably is. And if he is I would require the parent to co-sign and be financially responsible.