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Updated over 2 years ago on . Most recent reply

Van Tran's profile image
Van Tran's profile image
Van Tran
  • Member since Jul 27, 2022
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Van Tran's profile image
Van Tran's profile image
Van Tran
  • Member since Jul 27, 2022
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Van Tran
0
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8
Posts
Tenant Screening

Renter with low credit score

Van Tran
Posted

Hi BP pros,


Is it ok to let a renter rent my house if her credit score is 501?

I am new and starting my first rental property. Your response is much appreciated.

Sincerely,

Van

Portland, Oregon
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James Dainard's profile image
James Dainard's profile image
James Dainard
  • Real Estate Broker
  • from Bellevue, WA
  • Member since Sep 15, 2015
  • Posts 415
  • Votes 1,894
  • Experience 18 Yrs
  • Investments 160
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User Stats

415
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1,894
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James Dainard's profile image
James Dainard's profile image
James Dainard
  • Real Estate Broker
  • from Bellevue, WA
  • Member since Sep 15, 2015
  • Posts 415
  • Votes 1,894
  • Experience 18 Yrs
  • Investments 160
Connect
James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts
James Dainard
  • Real Estate Broker
  • Bellevue, WA
Replied

Hey Van,

Is the tenant able to provide any references? If they can't provide you contact information for a previous landlord that was happy with them you should likely change the requirements on your tenant application.

Best of luck!

  • James Dainard
  • Podcast Guest on Show Seeing Greene: Paying Off Rentals, Partnerships Splits, & Using Home Equity
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