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Updated over 5 years ago on . Most recent reply

User Stats

432
Posts
171
Votes
Joseph Weisenbloom
  • Investor
  • Austin, TX
171
Votes |
432
Posts

Renting to people on unemployment

Joseph Weisenbloom
  • Investor
  • Austin, TX
Posted

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?

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