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General Landlording & Rental Properties

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Ryan Cheung
Pro Member
  • Fort Lee, NJ
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Should I accept this tenant?

Ryan Cheung
Pro Member
  • Fort Lee, NJ
Posted Jul 26 2016, 10:47

Hello,

I am currently in the process of finding a tenant for my home. We have had one month vacancy while searching for a new tenant, so I am looking to fill the home as soon as possible. A tenant who is interested in the property is offering $200 below my asking price, and his credit is not that great. However, his brother, who will NOT be living in the home, will be a cosigner on the lease, and his credit is good. Although they are offering a lower price than I asked for, should I wait to find a tenant and have another month of vacancy, or should I rent to this tenant who seems somewhat risky for a lower price? Any input would be of great help. Thanks!

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