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 7 months ago on . Most recent reply

User Stats

7
Posts
1
Votes
Raghu Reddy
1
Votes |
7
Posts

Tenant screening - should I consider this person?

Raghu Reddy
Posted

I listed my property for rent, and there's someone interested who recently moved from another state. They claim to have owned four rental properties and a large house which they sold before coming here. However, they don't have a credit history and mentioned they use cash for transactions, offering to pay one year's rent upfront in cash. They also disclosed a past felony. Given these factors, should I consider renting to this person?

Most Popular Reply

User Stats

28,057
Posts
41,056
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,056
Votes |
28,057
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

This is a common tactic. People offer to pay cash up front or rent for a longer term in hopes of avoiding any scrutiny. It's a red flag and you should absolutely check them closely. However, they've already mentioned a felony, which indicates they probably aren't the most clever scammers. I would avoid them.

Do yourself a favor and watch "Pacific Heights" with Alex Keaton. It's a perfect example of how the most attractive applicant can be the worst choice.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
165 Reviews

Loading replies...