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Updated about 2 months ago on . Most recent reply

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773
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Jorge Vazquez
#2 Rehabbing & House Flipping Contributor
  • Real Estate Broker
  • Tampa, FL
549
Votes |
773
Posts

Student Rental Gone Wrong: Why ‘My Dad’s Paying’ Isn’t Good Enough

Jorge Vazquez
#2 Rehabbing & House Flipping Contributor
  • Real Estate Broker
  • Tampa, FL
Posted

Let me tell you what happened to one of my top agents today… Bradley’s sharp. He knows what he’s doing. But even he got tripped up by something simple: trust. He rented to international students who said, “My parents are paying,” and didn’t get anything in writing from the parents. The place got trashed. Parents were nice about it, but legally, he had nothing to lean on. The big takeaway? If the tenant has no income, don’t skip the co-signer. Get it in writing. Verbal promises won’t pay for repairs.

Tell me about your experience, I want to write an article about it!

  • Jorge Vazquez
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Graystone Investment Group
5.0 stars
4 Reviews

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