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Updated over 8 years ago on . Most recent reply

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16
Posts
1
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Denny Mathews
  • Investor
  • Maple, Ontario
1
Votes |
16
Posts

Precautions for tenants with bad credit

Denny Mathews
  • Investor
  • Maple, Ontario
Posted

Hi ~

I have a tenant who is interested in renting my property.  Actually, it is a family of 4 (with 2 kids) plus the husband's mother.  The only problem is that the family has a poor credit of 500.  So far, they are among of the few tenants who are willing to pay the rent that I ask.  What precautions should I take before I rent to them?  I know that I should ask for a couple of months security deposit.  Is there anything else that I should do?

Thanks.

Most Popular Reply

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2,434
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1,875
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Michael Plante
  • Deland, FL
1,875
Votes |
2,434
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Michael Plante
  • Deland, FL
Replied

Best determining factor of future behavior is past behavior

They most likely will need to be evicted

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