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Updated over 3 years ago on . Most recent reply

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17
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Yan Kang
  • Homeowner
  • Plain City, OH
0
Votes |
17
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Concern over renting a SF property to an attorney couple

Yan Kang
  • Homeowner
  • Plain City, OH
Posted

Dear BP experts,

Sorry to bother you with this, but I do need BP experts’ help in understanding the cons of renting a SF property to an attorney.

We got an attorney who liked our property and would like to rent it for about 12-14 months, as they just sold their house for over 1.5m (about 5 times local average house price). However, my wife seems nervous a little bit to have a lawyer as a tenant, concerning their may abuse their professional advantage, victimizing the landlord and leading us to a possible vulnerable situation, as they may pick up on any tiny issue to make a big deal. Of course, these are assumed possible concerns, based on friends and other people's experiences.

What do you guys suggest? Any experience leasing a property to an attorney?

Any inputs would be greatly appreciated.

Regards,

Yan

Most Popular Reply

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4,133
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3,809
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Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
3,809
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4,133
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Jaron Walling
Pro Member
  • Rental Property Investor
  • Indianapolis, IN
Replied

How successful is said lawyer? Stable income? What's the credit score? How good is the communication? Any red flags in the application or all green? Sounds like they want to play the game, "Watch the Market Cycle" and buy another place if things cool down.

Unless you have tons of assets to protect I wouldn't worry about renting to a lawyer. Treat prospective tenants equally and stick to your screening criteria and you'll be fine.  

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