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General Landlording & Rental Properties

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Roy Gutierrez
Pro Member
  • Investor
  • Oak Park, MI
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Rent to someone with an eviction - crazy?

Roy Gutierrez
Pro Member
  • Investor
  • Oak Park, MI
Posted Mar 1 2015, 08:53

Hi guys,

I put up my current home up for rent and as a twist I decided I'll give it a shot and also offer the house furnished and bump up the price (around $350/month extra) since the house is nicely decorated and has everything a renter would need and it's updated. Well, one guy responded, he's the only one that responded and I know it's because the furnished and high rent b/c the area is hot for renters. He seems perfect as a renter, professional, good income job, no pets, low key, willing to give first, last, and deposit. BUT... he went thru a divorce a couple of years ago and you know how that goes, lost job, bad credit AND the biggie, an EVICTION, checking him saw "FORCIBLE ENTRY/DETAINER", if I'm incorrect on this one let me know but from checking the net seems like he was evicted and he wouldn't leave.  Monday I'll call up the lady/place and double check.  

My options: just let him go (which is probably what I will do) but I was thinking, he's not going thru the financial problems he was going thru before, if I can have him put into escrow 2 months rent that would go toward unpaid rent (assuming it's legal, kind of the time it would take me to evict him if somehow it got that point), apart from the first,last,deposit, would you guys ever consider that? 

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Sky Mikesell
  • Principal
  • Charlotte, NC
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Sky Mikesell
  • Principal
  • Charlotte, NC
Replied Mar 2 2015, 20:38

I agree... if you dont have other options.. take big deposit. 

Honestly i have never evicted a tenant that had a double deposit on file. Once that big deposit goes in they are motivated to make it work and give proper notice if they are leaving.   

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Raymond B.
  • Florida
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Raymond B.
  • Florida
Replied Mar 6 2015, 08:47

@Roy Gutierrez,

I'll summon @Aly W. for you.

Also:

To Make the @ work do the following:

Hold down the shift key and type the following: @?

Look below this Window, and you will see a list of list of names of people who have posted in this thread.

Click on the name of the person that you want notified via an email that you responded to them.

If you are a Colleague with anyone that has not posted in this thread, and you want them to see your post, hold down the shift key, and type the @ and the first 4 letters of the first or last name.

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They will be notified via an email about your post in this thread.

Raymond

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Aly W.
  • Investor
  • Middletown, NJ
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Aly W.
  • Investor
  • Middletown, NJ
Replied Mar 6 2015, 08:59

Thanks @Raymond B. , got it! @Roy Gutierrez yes we are :)