Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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,

User Stats

282
Posts
117
Votes
Andrew S.
  • Rental Property Investor
  • Helena, MT
117
Votes |
282
Posts

Higher risk tenants in smaller towns

Andrew S.
  • Rental Property Investor
  • Helena, MT
Posted
I'm looking at renting a unit I own in a small town (2500 people). The prospective tenant has an income that qualifies > 3x rent for 3 months. They have no rental history from living with parents and owning their own home with an ex. Their credit score is poor from a truck repo that they signed with their ex (they discussed this before I've run the credit check). It's a fairly younger person with a couple of young kids, if that matters. I understand the tenant pool in the smaller town can be less cookie cutter. I'm considering to offer them to pay first month rent, last month rent, and a normal security deposit for no rental references, poor credit, and a new job. Curious what others have done in this situation?

Loading replies...