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Updated about 7 years ago on . Most recent reply

User Stats

22
Posts
5
Votes
Steve Burrell
  • Investor
  • Denver, CO
5
Votes |
22
Posts

Higher Risk Tenants?

Steve Burrell
  • Investor
  • Denver, CO
Posted

First post guys!  

My question has to do with higher risk renters.  I recently purchased and improved a property, and listed it for rent.  The response has been very good, with several interested renters.  

The problem I am encountering though, is every single one of them has some kind of red flag.  Bankruptcy, eviction, very low credit score, no SSN#.  

The place has been listed for just over a week.  In anyone's experience, should I hold tight and hope that a more perfect tenant situation arises?  Or should I just ask for first/last/deposit or 6 month lease situation and hope for the best?  Are there red flags here that are more serious than others?

Thanks!

Most Popular Reply

User Stats

1,168
Posts
1,708
Votes
Ryan Murdock
  • Rental Property Investor
  • Maui, HI
1,708
Votes |
1,168
Posts
Ryan Murdock
  • Rental Property Investor
  • Maui, HI
ModeratorReplied

An empty unit is better than one occupied by a deadbeat. It's only been a week. Sit tight for now.

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