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 3 years ago,
Prospective tenant's household income all over the place!
A prospective tenant got in touch and their household income is all over the place with two adults working their income is 1.9x rent add to it social security income, income from being handicapped,a minor earning some income and social security income makes it around 2.8x rent and they have 30k in debt, credit score is excellent though. I felt moved with their personal situation and thought of renting the apartment another part of me is a bit reluctant accounting by weaving a worst case scenario (ex: what if if one of the primary earners lose their job there will be lot of imbalance) with eviction moratorium in place its probably not a good idea to rent it to them. I will appreciate your inputs.
Thanks