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 about 6 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Jeffrey Lecroy
1
Votes |
10
Posts

Screening tenants for my first rental

Jeffrey Lecroy
Posted

I have recently listed my first rental . I set minimum rental requirements and I have had a lot of interest but requiring a deposit along with first and last month's rent has turned most away as that does not seem to be the norm in my area although I have a application from a young couple he is 24 has a 635 credit score he is a Marine and he broke his back and draws disability from the military.  His wife is 20 has a 725 credit score but has nothing on her credit. She doesn't work and is in school they have 2 young children and I guess I'm just a little unsure they meet all the requirements 3x rent is 30000 income. His check is for 42000 . They have really no prior landlords due to they lived on base for 4 years and with parents before. Any advice appreciated.

Most Popular Reply

User Stats

28,072
Posts
41,077
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,077
Votes |
28,072
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

He was a Marine, which means he's probably disciplined. He doesn't have a landlord reference because he was in the military and living in military housing. His credit score is OK and hers is good. Although her credit doesn't show much activity, that also means it doesn't show anything negative. They have two kids so they are probably responsible people trying to raise a family. His reason for not working is completely legit, unlike so many slackers in our country. And his income surpasses your requirement.

Take care of our vets and give them a thumbs up.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Loading replies...