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Re: Promise to Pay Form
by cc (CA)
on February 7, 2011 @18:50
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Eric, you're so right with that! I am thankful and do have enough to deduct out of his deposit so I'm just crossing my fingers now that he really does leave. Anything relating to my rental is such a big headache though and I can't think clearly! Thanks for making it sound less hectic. =) cc
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Re: Promise to Pay Form
by ERIC
on February 7, 2011 @18:58
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It's really easy when you have good tenants. While no one can predict a job loss, you can predict behavior with credit reports (600+) and criminal records. You can also predict whether or not a tenant can afford to pay by making sure they have 3-4x the rent in income. Often landlords get into trouble by renting to subpar tenants to begin with, then they blame the tenant. The tenant is just doing what they have done all along. Probably the same as many ex-wives. They get married, then when they can't change their new husband, they want a divorce and all his money...
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