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
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 over 9 years ago on . Most recent reply

User Stats

29
Posts
3
Votes
Yuri Chernousko
  • Investor
  • Santa Cruz, CA
3
Votes |
29
Posts

Out-of-state renters - too good to be true?

Yuri Chernousko
  • Investor
  • Santa Cruz, CA
Posted

For those who screen tenants on their own: does any of this feel like a trap?

- A prospective tenant replies via CL to my ad of a house.

- Says they (herself + husband of many years) are packing a car to move from a bank-owned house out of state and need a house to rent in my town.  The story is that they have been renters for 10 years, the landlord dies in debt, the bank is taking the place and relocating them, the tenants.  They chose my town because of its proximity to an ill friend.  They claim both to be self-employed in personal assistant/mechanic kind of work.

- They offer friends' and family's phone numbers as references; of course, only the best character references.

- Here: They say they can prepay 6-7 months rent.

So far, sounds like a messy but possible story.  No requests yet of my bank, paypal, etc. information, but they insist on the urgency of their situation.

Anything here looking like a pattern to avoid?

Thank you.

Yuri

Most Popular Reply

User Stats

60
Posts
22
Votes
Silvia B.
  • Auburn, GA
22
Votes |
60
Posts
Silvia B.
  • Auburn, GA
Replied

I would pass on them!  They seem to have an answer for everything. 

Without doing a credit/background check You have no way to verify past rental history or credit. They do not have verifiable income. If they are self employed did they show past income tax forms? If they have rented for 10 years why are they only packing "a car". If they pre pay for 6 months how will they be able to continue payments after that? There just isn't enough documentation presented to consider them potential tenants.

Loading replies...