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General Landlording & Rental Properties

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Jamie Scharbrough
  • Raleigh, NC
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Hypothetical: tenant paying a years lease with good credit?

Jamie Scharbrough
  • Raleigh, NC
Posted Feb 4 2015, 06:31

Hey guys,

This is purely hypothetical, I'm just interested to see what landlords think about this.

Suppose you have a tenant who's being transferred or is a contracted worker and will only be in the area for 12 months. They have good credit history, good references, no evictions, etc. and their story about only being here for a year checks out (employment verification or something). 

They ask to pay the entire year upfront (maybe because they don't want to worry about it, maybe that's the way their company wants them to do it, whatever).

Would you do this? Would you agree to it, but ask the tenant to also sign a contract stating they're responsible for any issues that arise (painting, scratch on the floor, etc)?

I've seen a lot on here warning landlords not take a year in advance, but those almost all had to do with cash only incomes or bad rental history.

Would you do this if a tenant was solid?

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