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Updated about 4 years ago,

User Stats

16
Posts
2
Votes
Jesse Wolf
  • Real Estate Agent
  • Washington
2
Votes |
16
Posts

Accept tenant who owed previous landlord for paint?

Jesse Wolf
  • Real Estate Agent
  • Washington
Posted

Hi BP,

I'm in the process of renting out my second home. My PM called me today with an option for a tenant. They make well over the required amount of money, ex military, fair credit scores.


They have one glitch. They owed their previous landlord $1,300 for paint.


When my PM brought this up to them they immediately reached out to their prior landlord and paid them, then provided proof via a receipt that they had paid them in full.


I have the very experienced designated broker of the PM company saying that its an absolute dealbreaker and it automatically disqualifies them.


I am somewhat on the fence. Other than this incident they seem like great tenants. 

My thought was to collect 1.5-2x time the normal security deposit to compensate for the risk.

Please share any opinions and insight. I'm very open to criticism and constructive feedback.

Thanks!

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