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Updated about 5 years ago on . Most recent reply

User Stats

414
Posts
38
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Sami Gren
  • Rental Property Investor
  • new jersey
38
Votes |
414
Posts

What's your credit focus by choosing a tenant

Sami Gren
  • Rental Property Investor
  • new jersey
Posted

Would like to hear from you all experienceday landlords.

When you are looking for a tenant what are you looking that the credit report should be?

For the example if they have a late payments on a credit card, a problem with their car payments due to burglary, etc. What are your guidelines when to accept and when not?

Most Popular Reply

User Stats

454
Posts
309
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Aaron Poling
  • Realtor
  • WV
309
Votes |
454
Posts
Aaron Poling
  • Realtor
  • WV
Replied

I don't typically look at their credit score, instead I try and see their history of paying bills. If they have constant late payments on cell phones, credit cards, etc... and a lot of open accounts I tend to think they aren't very good with their finances. If they have previous lates during a certain period of time that coincides with a hardship I will typically overlook that.

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