I have a signed lease and on the day the tenant is to move in he calls and says he does not have enough money to pay the balance of the move in fees. What makes this worse is that he is the son of another tenant of mine (a good tenant). I told him I could not allow him to move in and that I will start looking for another tenant. I made the mistake of allowing him to put some of his belongings in the basement prior to moving in.
Did I do the right thing by not allowing him to move in? What do I do about the things he already put in the basement?
We finally just got our place back after a year from a nightmare tenant who seemed so nice and IT STARTED OUT THE SAME WAY. We were nice enough to let him move in and trust him and BOY ARE WE SORRY. His name is Ed M.
DO NOT let him in!! If you didn't do a credit report on this guy either do it now or throw his stuff out of the rental. If he has a copy of the key (I HOPE NOT) but if he does change the locks IMMEDIATELY! Good luck.
I also had a person do this to me, however she didnt have any personal items in the building. Never allow anyone to move in unless the have all the money up front. This is the first clue of many months of late rent. They are not responible enough to know that they must pay this up front first. Do not let the fact that he is the son of a good tenant lead you astray, the good tenant I'm sure will not want to be judged on his sons bad merits... no matter what. Explain it is a business and nothing personal and that you hope it will not affect your relationship.