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 5 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Melissa M.
3
Votes |
11
Posts

Tenant Income Verification

Melissa M.
Posted

Hello, we have a potential tenant who just moved here to be closer to family and started a new job this past Monday.  She works for the state and her job transferred her here, but is in a different department.  She receives child support and state money for foster child.  What form of income verification would you ask for?  She hasn't been paid from the new job yet, and her W2 will reflect income from previous job. We really like her, but know the responsible thing to do is to verify her income, we just aren't sure the best thing to ask for.  Thoughts?

Most Popular Reply

User Stats

55
Posts
22
Votes
Ilidio Cardoso
  • Real Estate Broker
  • Boston, Ma
22
Votes |
55
Posts
Ilidio Cardoso
  • Real Estate Broker
  • Boston, Ma
Replied

@Melissa M.

Hello

Have the applicant get an offer letter from her new employee along with her old pay stub.  

Run her credit. 

Make sure her total monthly income is 3x the rent.

Hope this helps and feel free to ask more questions. 

Loading replies...