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Updated almost 7 years ago on . Most recent reply

User Stats

313
Posts
68
Votes
Tim Kaminski
  • St. Petersburg, FL
68
Votes |
313
Posts

How to Screen Tenants Moving in from OOS with no Job?

Tim Kaminski
  • St. Petersburg, FL
Posted

BP,

Have a rental in Tampa that I have been trying to rent out and have been getting quite a few inquiries from potential tenants moving into the area...WITH NO JOB.

This might be an easy answer but is it worth working with them to find a solution to this?  My main point is that I require the 3x Income and they have no job lined up.  Tenants say they will look for work when they get down here but I don't want to take the chance that they can't find anything or what they find is below my requirements.

Should I ask for bank statements or is that strange?  Should I require 3 months (M2M) up front? More?

  This is first property if you can't tell. 

Thanks!

Most Popular Reply

User Stats

1,272
Posts
930
Votes
Ray Harrell
  • Investor
  • Chicago, IL
930
Votes |
1,272
Posts
Ray Harrell
  • Investor
  • Chicago, IL
Replied

@Tim Kaminski, there are people out there who will rent to them with no income, no verifications. Let them handle that population. In fact, my co-living building is like that. No questions, no security deposit, no credit check, no signed lease. U show up with first months rent, u get a room.

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