I have a tenant application from out of state. They have current income that meets the 3x requirement. but no new job lined up..
(they haven’t even seen the place or asked any questions about it, which I think is a bit of a red flag)
Can I reject this applicant since they don’t have a job lined up? I’m just not of legal ramifications on that...
(They mentioned starting their own restaurant but I think we all know the success rate of that venture. )
How do they expect to pay the rent? They haven't seen the place, so just tell them they need to look at the place in person and tell them the selection criteria.
I get this from time to time. No new job, no house from me.
I get this every now and then with people looking to move from out of state. No new job lined up equals no income. How do they think they'll pay rent? Under my criteria an applicant much have a certain level of income to qualify for one of my units, so a tenant with no income would not qualify. When this applicant moves from their current location, their then current job will be a past job. That's how I looks at these situations
Say this candidate suddenly did say they had a job lined up, that is where your due diligence comes in. I'd ask for their offer letter from the company, contact the company directly on their number you find online versus the number the candidate provides (is the number they gave their friends number, etc) and vetting that the offer is legitimate with human resources, is the start date on the provided offer letter match what the company says, is the pay rate accurate etc
Thank you all for the perspectives. I can tell the tenant is overly eager and only has a 'contact' at a job location here. I think I'll be able to reject the applicant due to not having a job in the new location.