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Updated almost 4 years ago on . Most recent reply

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Jayden Hamilton
  • Investor
  • O'Fallon, IL 62269
44
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134
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should I rent to 2 college kids

Jayden Hamilton
  • Investor
  • O'Fallon, IL 62269
Posted

I have two college students interested in renting my property, over the phone, they sound a little immature. But overall, their credit report and background check are fine and they have no liens or judgments against them. I'm more worried about them partying or trashing the place because they just think it's "a rental home" and won't treat it like their own... Also, they have no evictions or bankruptcies, but that's because they're very young. Would you rent to college kids? This would be their first rental home ever.

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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
337
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583
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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
Replied

Having rented to several groups of college kids, (in addition to having once been a college kid myself), I don't think you should assume that college kids are going to treat your property any worse than any other renter. If they can afford to pay the rent, then I would try and call previous landlords (if applicable) to understand how they were as tenants. Other than that, I would just make sure you have a solid deposit and a strong lease agreement, (maybe you impart upon them that there will be random drop by inspections if you're really concerned). 

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