Should I consider tenet application with low credit and eviction

[Jignesh Savaliya]

Hello Everyone,

I own duplex property in the Austin Tx area. yesterday I have received my first application with a low score. Property has been listed for 15 days. few highlights

person 1: score 402
Accounts Ever Late: 3
Time Since Late: A month
Collections Accounts: 10
Civil Search: consider
EVICTION RECORD: file date - Aug 8, 2014
EVICTION RECORD: file date - May 27, 2015

person 2: score 551
Accounts Ever Late: 1
Time Since Late: All clear
Collections Accounts: 5

On the other side, they both combined making income 3 times the rent amount. Should I consider this application or just wait for the next one. Listing Link

Thanks,
Jignesh

[Mike McCarthy]

@Jignesh Savaliya what!?! Is this a serious question?

I would never accept a tenant with a property eviction. When an eviction is processed, it means they didn’t pay, didn’t try to work it out with the landlord, and a judge had to kick them out.

As for credit score, there are a lot of people in the 500-600 range. Bad credit, but they could have been late a few times, and maybe are trying to get out of it. I’ve rented to people in the high 500’s because they were honest with their situation, and proved to me that they were on the upswing.

For a 4xx level score, I’d assume they just never pay their bills.