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Updated over 3 years ago on . Most recent reply

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12
Posts
3
Votes
Nikita Jain
3
Votes |
12
Posts

Suggestion needed - should I keep her on rent?

Nikita Jain
Posted

Area - San Marcos, Texas

someone that just called asking if i would consider a single lady with a 13 year old boy. She doesn’t have a job, but is on disability. Also, she’s closing on her house soon where she will take away $110k.

Doesn’t have great credit.

Says she will pay 6 months up front.

She is not disabled but on disability.

Questions:

1. Should I keep her on rent ?

2. Is it easy to evict if she doesn’t pay rent considering she is on disability?

Most Popular Reply

User Stats

60
Posts
49
Votes
Brandon States
  • Rental Property Investor
  • Cleveland, OH
49
Votes |
60
Posts
Brandon States
  • Rental Property Investor
  • Cleveland, OH
Replied

We require proof of steady income. The rent cannot be too high of a % of their monthly income. A lot of people struggle to manage their money. So that $100K could be spent really quickly and then you're in a tough situation. Good luck!

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