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Updated about 2 years ago on . Most recent reply

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Kyle P.
13
Votes |
9
Posts

Would you accept this tenant?

Kyle P.
Posted

Would you accept a tenant for a $2,150/month rent with the following situation:
- They own 2 restaurants so it is hard to verify their actual income VS the company. They have shown me tax returns for the business. 
- I asked for 3 months' bank statements and have about 20k liquid

- 16 derogatory remarks on credit report- (I feel dumb for even asking considering this)

Here is the kicker:

- they own a restaurant and already said "How would you feel if there were occasional workers that stayed here?" - to me this was another way of saying "I am going to have some of my undocumented employees living here (yes they disclosed some undocumented individuals, however, the potential leaseholder is documented)

Someone please talk some sense into me LOL this is my only official applicant as of now. I can get over some of the less-than-ideal here. I am beginning to learn that  I may not always find a tenant who is perfect on paper. 

Most Popular Reply

User Stats

20,987
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18,569
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Chris Seveney
  • Investor
  • Virginia
18,569
Votes |
20,987
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Kyle Pierrehumbert

Move on to the next tenant

  • Chris Seveney
business profile image
7e investments
5.0 stars
3 Reviews

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