Skip to content
General Landlording & Rental Properties

User Stats

499
Posts
166
Votes
Jane S.
  • Flipper/Rehabber
  • Colorado Springs, CO
166
Votes |
499
Posts

Tenants have no bank accounts

Jane S.
  • Flipper/Rehabber
  • Colorado Springs, CO
Posted Nov 8 2019, 10:11

I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, very brief rental history. Just wondering if this home is a bit too much for them, it rents for $1900 and I have a few other applicants more qualified. The one who has 4 kids from 2 men has part time minimum wage job and could disappear and I would never be able to collect, as she has nothing. The other woman's ex husband doesnt work so she has no income from him. They have no savings. Appreciate your comments. Wondering if I should return the application fee and move on.

Loading replies...