 No Rental History (by Bonanza [NC]) Aug 10, 2020 12:29 PM
 No Rental History (by Ken [NY]) Aug 10, 2020 12:34 PM
No Rental History (by Sisco [MO]) Aug 10, 2020 12:37 PM
No Rental History (by DJ [VA]) Aug 10, 2020 12:52 PM
No Rental History (by Robert,OntarioCanada [ON]) Aug 10, 2020 1:07 PM
No Rental History (by Sorta Blonde [CA]) Aug 10, 2020 1:46 PM
No Rental History (by J [FL]) Aug 10, 2020 2:12 PM
No Rental History (by WMH [NC]) Aug 10, 2020 3:30 PM
No Rental History (by LisaFL [FL]) Aug 10, 2020 3:39 PM
No Rental History (by Deanna [TX]) Aug 10, 2020 5:49 PM
No Rental History (by Bonanza [NC]) Aug 10, 2020 6:42 PM
No Rental History (by J [FL]) Aug 10, 2020 7:32 PM
No Rental History (by Jasper [OH]) Aug 11, 2020 6:57 AM
No Rental History (by Hammer [TN]) Aug 11, 2020 7:35 AM
No Rental History (by Oregon Woodsmoke [ID]) Aug 11, 2020 10:14 AM
No Rental History (by Bonanza [NC]) Posted on: Aug 10, 2020 12:29 PM
Message:
Applicant has no rental history since he has been a home owner for 15 years. Going through a divorce. Ex-home is in a nice area. References are nice people. I expect his credit score to be good. Says he expects to stay 5 years but he makes good money and if the divorce doesn't drain him he might be short term and buy a home.
One section of my screening criteria relates to rental history and he has none. Maybe I am over thinking this. Any thoughts on applicants with home ownership experience and no rental history?
--70.158.xxx.xx |
No Rental History (by Ken [NY]) Posted on: Aug 10, 2020 12:34 PM
Message:
When you get the credit report back you will be able to see if he made his mortgage payment on time --104.229.xxx.xxx |
No Rental History (by Sisco [MO]) Posted on: Aug 10, 2020 12:37 PM
Message:
Emphasize data from the credit bureau. Does he pay his bills on time? Look for Judgements and liens. If he explains that his credit is bad because of divorce, then it is time say good bye. --67.43.xxx.xxx |
No Rental History (by DJ [VA]) Posted on: Aug 10, 2020 12:52 PM
Message:
When there are joint accounts, and a vindictive soon-to-be-ex spouse, it really CAN trash your credit. Find out when the divorce process began, and look more at the credit report before then.
Just based on being a homeowner vs previous tenant: I would certainly not DQ him for that. I consider it a positive. --70.160.xxx.xxx |
No Rental History (by Robert,OntarioCanada [ON]) Posted on: Aug 10, 2020 1:07 PM
Message:
When ever running thorough credit checks always get three pieces of photocopied identification. Often problem tenants change one letter in the surname where the report comes back no identity. It is always better to run credit checks on all adult applicants as one may have problems with credit. --147.194.xxx.xx |
No Rental History (by Sorta Blonde [CA]) Posted on: Aug 10, 2020 1:46 PM
Message:
If a prospective tenant gives an estimate as to how long they intend to stay, I put the application on the bottom of the pile along with, 'can I repaint the walls','I'm going to grow a garden out back', 'I might have some relatives visiting on a regular basis, how long can they stay', "I babysit for my grandkids', and lots of other fun comments. --72.199.xx.xxx |
No Rental History (by J [FL]) Posted on: Aug 10, 2020 2:12 PM
Message:
Yeah, his statement of how long he will stay is meaningless. --72.188.xxx.xxx |
No Rental History (by WMH [NC]) Posted on: Aug 10, 2020 3:30 PM
Message:
I rent to people without rental history all the time. It's better than BAD rental history: they are TRAINABLE. And if they WERE previously home-owners, I find them to be more careful of the property in general: they will call if something goes wrong, not let things deteriorate. --50.82.xxx.xxx |
No Rental History (by LisaFL [FL]) Posted on: Aug 10, 2020 3:39 PM
Message:
Every divorced man I’ve ever had was a good tenant. They qualify on their own, don’t call me if a door knob is loose, and typically don’t have pets or kids full time. And they tend to stay for awhile. --216.186.xxx.xx |
No Rental History (by Deanna [TX]) Posted on: Aug 10, 2020 5:49 PM
Message:
Divorced guys are good, but divorced guys who are rebounding into random relationships because they hate to be alone are... surprise... unstable, unpredictable, are generally crazy maniacs, and are generally hooking up with crazy unstable maniacs themselves.
Or maybe I've just been lucky like that... :P --96.46.xxx.xx |
No Rental History (by Bonanza [NC]) Posted on: Aug 10, 2020 6:42 PM
Message:
So I approved him. He seems grateful. Credit score 800. No pets, no smoking, 3 kids will only be with him part time. --65.188.xxx.xxx |
No Rental History (by J [FL]) Posted on: Aug 10, 2020 7:32 PM
Message:
Sounds good. I bet he will work out. --72.188.xxx.xxx |
No Rental History (by Jasper [OH]) Posted on: Aug 11, 2020 6:57 AM
Message:
Some of my best tenants have been divorced men, former homeowners. --173.188.xx.xxx |
No Rental History (by Hammer [TN]) Posted on: Aug 11, 2020 7:35 AM
Message:
No rental history is a red flag Unless:
Proof of ownership can be determined.
Young person and you are first rental WITH parental Co-signer. Parent has to qualify with good credit and garnishable income.
Married status only matters to me if there is a pattern of unstable behavior or a likely income issue such as child support judgements.
--137.119.xxx.xx |
No Rental History (by Oregon Woodsmoke [ID]) Posted on: Aug 11, 2020 10:14 AM
Message:
No problem. His credit report will show a mortgage.
Homeowners are much better tenants than full time tenants. They have a different attitude about caring for property.
The downside to homeowners, is that they are homeowners, so they prefer to own. They don't stay long before they buy. --98.146.xxx.xxx |
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