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Updated about 7 years ago on . Most recent reply

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205
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Brad E.
  • Investor
  • Athens, GA
66
Votes |
205
Posts

Tenant Screening advice needed

Brad E.
  • Investor
  • Athens, GA
Posted

Hey BP - I'm looking for some advice on potential tenants I am screening. I have a couple applying. They are not married.

One of them meets all income and credit requirments having a 729 credit score. So by themself, I would move forward with leasing to this person.

The other meets the credit requirement with a 709 credit score but doesnt meet the income requirement. So I would probably not move foward to leasing to this person alone.

So if they are both going on the same lease, would you be concerned about the one person not meeting the income requirement?  I was considering requiring a double security deposit to mitigate the risk some.

Everything else looks good. One has 7 yr marine corps and the other just graduated college. Seems like solid people getting on their feet.

Thanks for your opinions.

Most Popular Reply

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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
7,428
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Matthew Paul#2 Contractors Contributor
  • Severna Park, MD
Replied

The income requirement is generally a combination of all parties to the lease . So as a couple they qualify . AND with those credit scores sign them up quick especially this time of year 

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