All Forum Posts by: Chris Lin

It is a class C area. I have gotten a lot of inquiries. About 80% are section 8 tenants. 15% have red flags, mainly credit issues, foreclosures on previous homes type of issues. 5% meets my criteria. I brought up the idea of possibly giving more rent in advance because of her all of her issues as a way to see if she was genuine as to really wanting the place because she clearly does not meet my criteria. 

It is a weird situation because she said her friend also lives with her at her parents currently. I do plan to fully screen her friend too. And I do plan to calling the previous landlords as it is part of my screening process. I just never had this combo all in one situation before so its a little difficult to process.

I have a potential tenant...

Works as a "hostess" at a gentleman's club. Makes about 45k a year but can't provide formal proof due to the nature of the job being mostly tips. Has 2 kids and friend who makes about 26k a year willing to share a 3 br 1 bath with her and the kids. 

Friend has w2 jobs and better credit than she does. She has <550 score which is below my 600 screening.

The tenant has 4 dings on her credit score. One main one is that there is a $7500 collections that is on going from her old rental. This is supposedly due to breaking up with her former significant other. She moved out but her name was on the lease and he didn't pay. Although her eviction search came out clean. 

She currently lives with her parents who are selling the home and she is trying to look for a place to live asap in regards to move in date.

She is willing to pay 7 months in advance and provide documents of everything else my criteria requests. ex. professional, landlord reference, bank statements.

Opinions?...7 months in advance for a one year lease...