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Updated 8 months ago on . Most recent reply

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Raghu Reddy
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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?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,255
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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
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