General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
should i rent to this possible tenant?
So we have a prospective tenant we might rent to. She is friends with my family and they said they would def give us her approval and she passed Smartmoves background and credit check. The only thing im questioning is her job which she has only been at for 2 months and is selling her house now because she said her neighbors are nosy come to find out her neighbor is a ex. Should i rent to. She is willing to pay $1200 a month and $2500 deposit. She also has a DUI on her record back in 2015
Most Popular Reply

The best thing to do is have clear written qualifications set out. This will help and make sure you are staying consistent. Your criteria should cover employment, income, credit, criminal, and evictions. You just want to be careful so you'll never be accused of denying someone if you approved someone else in that same circumstance. If it does help, when working as a loan specialist, all we needed was proof of income to approve a loan. It did not matter how long they were at their job. That may put you a little at ease for your prospective tenant only working at her job for two months. I don't think that should be too big of a concern.
Follow your gut and trust your instincts. This is a big investment, and you do not want to rent to someone you are not comfortable with. Just make sure you stay consistent! You don't want to take any chances just because they are a family friend.
Good luck and I hope this helps,
Jenifer