What would you do?
Question for all you landlords, some I'm not one yet, but hoping to be someday.
I work with a kid who just rented a house for $1000/month. He's a decent salesman, but not great at managing his money. He makes about 42K/year.
His new landlord let him move in (with the fiance and baby) and had him pay 1st with splitting the deposit over the next few weeks.
The road to his new place is terrible, we live in NH and they don't plow the snow right away. He's missed work 2 days already this month.
He now needs snow tires so he can get back and fork to work, but that means he can't pay the deposit when he was supposed to.
Obviously he made a mistake by not having any emergency money, and I believe the landlord was desperate to get the place rented this time of year and made a mistake by not getting the deposit before they moved in.
I told him to go to the landlord and explain his situation. I'd love any thoughts, feedback or advice. I'm here to learn!