General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Renting to people on unemployment
I rent bedrooms month to month. Recently with covid happening I have been getting a lot of people reaching out wanting to rent a room that are unemployed but are receiving benefits. Typically people are making $600 per week which is $2400 a month which is more than enough to afford one of my bedrooms.
Are you guys renting to people that are on unemployment benefits? Im just worried what happens when these benefits dry up. People have been offering to pay 2-3 months of rent in advance. Thoughts?