International Student Tenants

[John E Ceisel]

Hello BP!

I have an international language school near one of my properties and am receiving student applicants who are also foreign nationals.  Any recommendations on how to setup the lease (directly with the students?) and property screening?  They are all nice kids, but the majority are getting money from back home and don't have income documentation or a credit history.  Is there a minimum age requirement for a tenant to be able to enter into a legal lease agreement? 

[Sophie Sawyer]

Having been an international student myself, I know most international kids are rich and do not have money problems. Most kids are responsible people because their parents have high hopes and standards for them after all the expensive school fees.

Look for students with good grades and you'll find the sweet spot: rich AND responsible kids. (GPA 2.7 minimum, 3.0+ ideal)