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Updated almost 8 years ago on . Most recent reply

Colton W.'s profile image
Colton W.'s profile image
Colton W.
  • Investor
  • from Bowling Green, Kentucky
  • Member since Sep 25, 2014
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16
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3
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Colton W.'s profile image
Colton W.'s profile image
Colton W.
  • Investor
  • from Bowling Green, Kentucky
  • Member since Sep 25, 2014
Connect
Colton W.
  • Investor
  • Bowling Green, KY
3
Votes |
16
Posts
General Landlording & Rental Properties

Approving a Tenant with a Bankruptcy because of Divorce

Colton W.
  • Investor
  • Bowling Green, KY
Posted

Hello, I have an applicant that recently filed for bankruptcy due to a divorce. Is it wise to rent to a tenant like this? They are a former police officer and a manager for a local Security Firm, so that seems comforting. 

Typically I require a double security deposit for people with low credit and I never approve anyone with a bankruptcy in the past 10 years. Recently I heard about a program called LeaseLock and I was thinking of testing it. Any advice on 1. Approving the tenant above, and 2. Using LeaseLock as a condition to approve the tenant?

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