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
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago, 06/13/2017
Tenant has low credit but offered 1 year rent upfront
Hi guys,
I had a potential renter approach me and tell me that his credit is low but he will pay 1 year rent upfront in cash. It sounds good but I feel like this is a huge red flag. Anyone ever experience something like this? What are the cons of taking 1 years rent in one lump sum?