Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

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

195
Posts
52
Votes
Lois S.
  • Investor
  • Brentwood, CA
52
Votes |
195
Posts

Applicant - accept or not?

Lois S.
  • Investor
  • Brentwood, CA
Posted

Nice older SFH in a B to upper-C class area - meaning it's not easy to find the perfect tenant here.

So we did background & credit checks on a potential tenant. Two previous LLs, both out of state, said they'd rent again to our applicant. Those were SFH in what looks to me (from viewing on Google) like slightly less desirable area than ours. One tenancy was 5 years, the other 1 year - 2 different states.

Applicant claims they're moving to save some money & be closer to work. She has a good job with adequate income & an extra 2K income from a verifiable source.  We had a good impression at the house showing.

Now the current apt. manager responded to my verification request saying applicant paid late several times, was served a 3-day notice for an unauthorized pet. Would not rent to her again.  Darn!

Would you rent to her, but ask for extra SD?  Require frequent inspections?

Decline?

Most Popular Reply

User Stats

1,666
Posts
2,341
Votes
Linda S.
  • Investor
  • Richmond, VA
2,341
Votes |
1,666
Posts
Linda S.
  • Investor
  • Richmond, VA
Replied

@Lois S.,

No, I wouldn't rent to her.     I do a lot of C-/D+, so my rule is-- I am okay with an eviction-- if the situation has changed.   Nothing has changed from what you've told me. 

She's getting kicked out for non-payment, likely she's hoarding the money to save to pay her deposit and first month rent at potentially your place!    I would pass.

Loading replies...