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Updated over 4 years ago on . Most recent reply

User Stats

126
Posts
324
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James Free
  • Rental Property Investor
  • Fort Collins, CO
324
Votes |
126
Posts

Credit Score Requirements for Tenants

James Free
  • Rental Property Investor
  • Fort Collins, CO
Posted

I see plenty of posts on the forums where people talk about whether to accept tenants with poor credit or to fudge your own lease criteria for people with weaker credit (don't!). What I don't see as often is a good survey of what credit scores people are requiring for different classes of property and in different regions. 

If you own rentals, what is your region and tenant class, and what credit score requirement do you use to find good tenants?

Most Popular Reply

User Stats

299
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476
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Sharlene Mulchandani
  • Cincinnati, OH
476
Votes |
299
Posts
Sharlene Mulchandani
  • Cincinnati, OH
Replied

@James Free Most landlords have their credit score minimum typically set around the 600 range. I personally feel like a person's credit score is only one part of the equation. Many people have issues with their credit, or maybe they've just started building their credit. Some other important factors are - If the tenant has a good job, meets the income requirements, passes their background check, and has good employment and landlord references.

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