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Updated over 5 years ago on . Most recent reply

User Stats

33
Posts
37
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Jason Lawrence
  • Real Estate Agent
  • Indianapolis, IN
37
Votes |
33
Posts

Credit score for tenants?

Jason Lawrence
  • Real Estate Agent
  • Indianapolis, IN
Posted

What score do you require a tenant to have to lease with you?

  • Jason Lawrence
  • Most Popular Reply

    User Stats

    63
    Posts
    59
    Votes
    Sheldon Zimmerman
    • Real Estate Agent
    • Pennsylvania
    59
    Votes |
    63
    Posts
    Sheldon Zimmerman
    • Real Estate Agent
    • Pennsylvania
    Replied

    The credit score we require with our portfolio is 600. If they are below 600, but they have 3x the income and no landlord/tenant complaints then we would ask for last month's rent. But a safer credit score depending on the property would be 650 or higher. But you can set that depending on how strict you want or should be. Just be consistent.

    • Sheldon Zimmerman

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