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.
Tenant Screening
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 10 months ago on . Most recent reply

User Stats

9
Posts
13
Votes

Would you accept this tenant?

Posted

Would you accept a tenant for a $2,150/month rent with the following situation:
- They own 2 restaurants so it is hard to verify their actual income VS the company. They have shown me tax returns for the business. 
- I asked for 3 months' bank statements and have about 20k liquid

- 16 derogatory remarks on credit report- (I feel dumb for even asking considering this)

Here is the kicker:

- they own a restaurant and already said "How would you feel if there were occasional workers that stayed here?" - to me this was another way of saying "I am going to have some of my undocumented employees living here (yes they disclosed some undocumented individuals, however, the potential leaseholder is documented)

Someone please talk some sense into me LOL this is my only official applicant as of now. I can get over some of the less-than-ideal here. I am beginning to learn that  I may not always find a tenant who is perfect on paper. 

Most Popular Reply

User Stats

17,726
Posts
15,274
Votes
Chris Seveney
  • Investor
  • Virginia
15,274
Votes |
17,726
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Kyle Pierrehumbert

Move on to the next tenant

  • Chris Seveney
business profile image
7e investments
5.0 stars
16 Reviews

Loading replies...