Re: Credit score - Landlord Forum thread

Re: Credit score by Eric (MN) on June 9, 2012 @07:59

Much depends on your target audience. I get 700+ candidates, but I generally stick to above 600. Look to the other residents in your area. If they are all typical 700+ people, i.e. homeowners, you should be able to get similar quality.

Remember, the higher the rent, the lower quality of tenant you will get.

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Re: Credit score by NY Landlord on June 10, 2012 @02:24	[ Reply ]

Eric, What makes you say the higher the rent, the lower the quality of the tenant?? I have found the opposite to be true...when my 1 bedroom is dropped to the price of a studio, I get all the pool of applicants who would typically only have the $$ for a studio precisely because they have crappy low paying jobs, or can't keep a job, and the best they can cough up for housing is a couple of hundred dollars a month... So just curious where you base this on. When I originally posted my ad for a 1 bedroom, I priced ithr same as 2 bedrooms and I didn't get any phone calls or emails in response so I knew it was priced too high and dropped the rent accordingly..

Re: Credit score by MoEV (AL) on June 10, 2012 @12:12	[ Reply ]

I took that as a misstatement, but if not, I would like to the explanation too.