All Forum Posts by: Denise Gold

@Kenny Dahill  Thank you very much for your very good suggestions.  Yes, there are two roommates, and I plan to have them sign one lease making them jointly and severally liable, but I know they're all young and on a budget.  Even though I could force the roommates to pay if the one tenant defaults, I'd like to avoid that.  

 @Joaquin Camarasa  Thanks for looking out for me, but I'm pretty confident this one's legit.  I have not met her, but one of my current tenants in the house (would be a new roommate) has.  I've also found good info about her online that backs up her identity, and I will be doing a background check.

@Rachel Foster  Hmm, that's interesting...I wasn't aware of such insurance.  You mean like a surety bond?

One thing I was thinking about is whether there's a way to set up an escrow account into which she could put all of the year's rent up front (as mentioned, I don't think she has the cash to do that right now, but if she did...) and from which I could withdraw the rent on a monthly basis.  She would be protected, and I would be protected.  Has anyone done this?  Without paying big transaction fees to the bank?

Hello,

I have a prospective tenant who is foreign.  She has just graduated from college in the U.S. on a student visa and is looking for full-time employment (her visa is valid for another 10 months).  She has not yet established credit.  Her parents (who live abroad) are willing to co-sign, but I don't see a way to run a credit check on them or, practically speaking, how I would even enforce a co-signer agreement with them if the tenant and her parents default.  Any suggestions?   You can assume she cannot pay full rent for the lease term up front.

Thanks very much for any assistance!

Denise