Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 07/21/2017

User Stats

2
Posts
0
Votes
Lynn P.
  • San Diego, CA
0
Votes |
2
Posts

Picking between two tenants

Lynn P.
  • San Diego, CA
Posted

Newbie here with my first investment property dilemma. I have two potential tenants for our property and I need to let them know which one will get the place. Here they are:

#1 Mother with 3 children and good job and living expense wage, however credit is not great due to a recent divorce. Needs the place for 1 year lease and possibly a couple extra months as she is on temporary assignment.

#2 Two international students with no credit, but FSLs with healthy living expense budgets paid by their government. Want a 1 year lease but expressed interest in possibly being in for 2 years while finishing up their studies. One issue is one of the students previous landlords said he and his two different room mates left the place in a very dirty and poor shape. Claims it was the two other room mates and was the reason he is no longer rooming with them.

Both should not be an issue with paying each month, yet both have a reason I have pause for concern. The rental is in a college town and if we go with #1 and add the extra months onto the end of the 1 yr lease when it comes time to turnover will miss the prime renting season and may sit empty for longer than we can afford. This on top of the bad credit issue with a couple past collections and many inquiries on record is my main concern. #2 is a potential longer rental, but possible sketchy past history with cleanliness. I don't want my place trashed. Not sure what to do. Any advice would be helpful. Or is this a skip both...

Loading replies...