Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
California Real Estate Q&A Discussion Forum
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 4 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Aaron Hunt
  • San Francisco, CA
2
Votes |
25
Posts

Renting Decision. Please help

Aaron Hunt
  • San Francisco, CA
Posted

Hey Guys, I have a question.

I am renting my property for the first time and I have a decision to make.

The property is a well maintained, well appointed, desirable Single family 2Bed/1Bath house with a fenced backyard.

I have to choose between two tenants. Both are highly motivated to rent the house (12 month lease).

Tenant 1:

Pros:

  • Two people renting
  • Combined Income is about 4 x the rent,
  • Good Credit and references
  • No pets

Cons:

  • One holds a job in the restaurant industry and the other is a hairstylist, so jobs can be impacted by this Covid economy

Tenant 2:

  • Two people renting
  • Individual Income (per person) is about 4 x the rent,
  • Excellent Credit and references
  • Stable jobs (One Works for the city, the other for an online company)

Cons:

  • They have two medium sized dogs. (They say the dogs are house trained)

Now, I do not know how bad it can get if you have two dogs, so I am looking for guidance.

Thank you for taking the time.

Most Popular Reply

User Stats

680
Posts
644
Votes
Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
644
Votes |
680
Posts
Dustin Allen
  • Real Estate Agent
  • South Lake Tahoe, CA
Replied

@Aaron Hunt

First thing you do is remove the first line from each of their lists.  Family status is a protected class and has no bearing on your decision if you want to avoid a fair housing violation.

Second group sounds a lot more financially stable. If you are worried about the dogs, there are a lot of things you can do like increased pet rent, non refundable pet deposit, etc to mitigate the potential dog damage.

  • Dustin Allen
  • Loading replies...