Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 6 years ago on . Most recent reply

User Stats

13
Posts
6
Votes
Jeorgia B.
  • Dallas/Fort Worth, TX
6
Votes |
13
Posts

12 Mos Rent Up Front- Yes or No

Jeorgia B.
  • Dallas/Fort Worth, TX
Posted

I began looking for a tenant for my new rental property a few days ago and have received a lot of interest. One of the applicants qualifies in every way (clean background check, good credit score, non-smoker, etc) except that she has no income. She was previously married to a wealthy individual and currently lives off of the divorce settlement. She has offered to pay the full lease term (12 mos) upfront since she has no regular verifiable income.  Is there any reason I should not accept her as a tenant that I’m not thinking of? It would be her and her 4 year old daughter occupying the home. 

Most Popular Reply

Account Closed
  • Specialist
  • San Antonio, TX
351
Votes |
865
Posts
Account Closed
  • Specialist
  • San Antonio, TX
Replied

If you were going to do a 12 month lease then I don’t see a problem. 

Loading replies...