Updated over 4 years ago on . Most recent reply
Tenants "sort of" look good
Have a couple with one small dog, good jobs, plenty of income, moving into the area (already met family members nearby). But credit is pretty poor. 55 percent on time payments. But they say they are selling their home and paying off their debts. I did check and yes they do have a house they are selling that is pending for sale. Had an idea of getting first and last month's rent. But can I set that up that last month's rent can only apply to the actual last month on the lease? And will that even protect me? Any advice? I do like the fact that they are a little older without a passel of kids, with good income and job history. EDIT: Just found out the guy has a misdemeanor petty theft charge from 3 years ago. Guess that is a no go then?
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- Real Estate Broker
- Cody, WY
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It doesn't matter if they are selling a home and making a lot of money. If they aren't responsible with what they've got, they won't be responsible with a larger amount. It's why so many lottery winners end up bankrupt.
They are irresponsible and at least one of them was recently criminal. There are better options out there.
- Nathan Gesner
