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Updated over 7 years ago on . Most recent reply

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57
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10
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Kenny M.
  • Yonkers, NY
10
Votes |
57
Posts

Tenant with a 520 credit score

Kenny M.
  • Yonkers, NY
Posted

One of our newer buildings is in a lower class area type of inner city, but usually good people.  We have a vacancy and an application came through where they recommended 2 months sec. deposit.  The young woman is a bartender and makes 2977 a month.  She has a student loan that was charged off by Sallie Mae and another one which has been late 6 times.  She also has a 1k cell bill in collections with Verizon as well as a 2k utility bill in collections.  The building isn't the easiest to rent, but all the units are in very good condition.  We reconditioned all of them after taking the 10 unit building over.  Oh, the current LL says she was a good tenant.

Rent/no rent?

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Replied

This posted question was intended as a joke right. I'll play along.

The following is a real situation;

I had a couple apply both in their 50s, not married, woman living in motel, man living in tent trailer(both for at least 6 months to a year). She indicated she had a employer which I checked into and the employer had fired her a year before. They had lived together in a home she owned that the bank foreclosed on. Mans credit score was below 500, woman slightly above 500.

Never confirmed if they had any income. 

Should I have rented to them. 

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