Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

34
Posts
4
Votes
Xin Z.
  • Plano, TX
4
Votes |
34
Posts

Should I accept this tenant

Xin Z.
  • Plano, TX
Posted

Hi all,

I have a potential tenant who had credit issues years ago.  I normally charge two months deposit for tenants with bad credits, but they told me they can't fork up so much money at this time.  Should I accept them with just one month's deposit?  Is there any other thing I can do to help prevent future problems?  The house is in an A-/B area.

Thanks a lot!

Most Popular Reply

User Stats

71
Posts
9
Votes
Kenneth Davis
  • Real Estate Investor
  • Glen Saint Mary, FL
9
Votes |
71
Posts
Kenneth Davis
  • Real Estate Investor
  • Glen Saint Mary, FL
Replied

I place all my tenants on a month to month lease regardless of how great their credit is and it has worked well for me with zero evictions for 9 years now.

Loading replies...