All Forum Posts by: Kemi Okafor

 "Thought" they were a good fit before running credit. Very stable long term job govt with 4x income and excellent retirement. Their new home in a different state that was purchased 3 years ago is going on the market. The move is job related. 

In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K in car payments and a home that was purchased around the same time. Credit score is >700.

Would you be willing to rent a newish SFH in a fairly nice neighborhood? Rent close to $3000 per month.

 Thank you! In the west Georgia area

Quote from @Richard F.:

Aloha,

Here is an odds chart from Equifax to help you decide for yourself...although personally I do not use a score as criteria, I prefer to evaluate the complete report and and make a decision based on what contributed to the actual score.

 Thank you, this helps!

I'm planning on renting out a newish SFH in Georgia. It's in a nice quiet neighborhood for the area, rent is close to $3000. Over 3300sqft. Has been lived in by only 1 family since it was built in 2019 ago and they took excellent care of it. Is there a guide to know what an acceptable credit score is to use? Do I not even allow viewing below a certain score?

 Hi Sam Li, How did your negotiation go with them? Were they flexible?

 So helpful, thank you!

Hi! I'm new to BP and I'm a brand new soon to be landlord. I have my first rental property listed, and have a question about when potential renters typically complete an application.

Do they normally do this before or after showings?

I appreciate any thoughts on this!