Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Nikita Jain
3
Votes |
12
Posts

Suggestion needed - should I keep her on rent?

Nikita Jain
Posted

Area - San Marcos, Texas

someone that just called asking if i would consider a single lady with a 13 year old boy. She doesn’t have a job, but is on disability. Also, she’s closing on her house soon where she will take away $110k.

Doesn’t have great credit.

Says she will pay 6 months up front.

She is not disabled but on disability.

Questions:

1. Should I keep her on rent ?

2. Is it easy to evict if she doesn’t pay rent considering she is on disability?

Most Popular Reply

User Stats

60
Posts
49
Votes
Brandon States
  • Rental Property Investor
  • Cleveland, OH
49
Votes |
60
Posts
Brandon States
  • Rental Property Investor
  • Cleveland, OH
Replied

We require proof of steady income. The rent cannot be too high of a % of their monthly income. A lot of people struggle to manage their money. So that $100K could be spent really quickly and then you're in a tough situation. Good luck!

Loading replies...