Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on . Most recent reply

User Stats

20
Posts
2
Votes
Yan Kang
  • Homeowner
  • Plain City, OH
2
Votes |
20
Posts

Concern over renting a SF property to an attorney couple

Yan Kang
  • Homeowner
  • Plain City, OH
Posted

Dear BP experts,

Sorry to bother you with this, but I do need BP experts’ help in understanding the cons of renting a SF property to an attorney.

We got an attorney who liked our property and would like to rent it for about 12-14 months, as they just sold their house for over 1.5m (about 5 times local average house price). However, my wife seems nervous a little bit to have a lawyer as a tenant, concerning their may abuse their professional advantage, victimizing the landlord and leading us to a possible vulnerable situation, as they may pick up on any tiny issue to make a big deal. Of course, these are assumed possible concerns, based on friends and other people's experiences.

What do you guys suggest? Any experience leasing a property to an attorney?

Any inputs would be greatly appreciated.

Regards,

Yan

Most Popular Reply

User Stats

4,196
Posts
3,863
Votes
Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,863
Votes |
4,196
Posts
Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

How successful is said lawyer? Stable income? What's the credit score? How good is the communication? Any red flags in the application or all green? Sounds like they want to play the game, "Watch the Market Cycle" and buy another place if things cool down.

Unless you have tons of assets to protect I wouldn't worry about renting to a lawyer. Treat prospective tenants equally and stick to your screening criteria and you'll be fine.  

Loading replies...