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Re: Tenants Paying in Cash
by The Dude (MN)
on June 21, 2012 @11:23
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Or he needs to decide if he wants a responsible tenant with good credit and known sufficient income to cover rent every month. If a tenant needs to pay in cash, I'm sorry, it's strange to me and I'll be very hesitant to rent to him. If he can't balance his check book enough to know when he's writing a bad check, his credit history will almost always indicate that. If he just doesn't like banks and the "establishment"? I'll tell him to go Occupy Wall Street I guess. Just my personal conviction. Like some landlords have a personal conviction against pets and others don't. I have a personal conviction against someone paying me in all cash every month.
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Re: Tenants Paying in Cash
by Jake
on June 21, 2012 @12:12
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After a tenant writes one bad check many landlords will accept cash only after that. Would your convections against cash compel you to keep accepting checks or boot the tenant out?
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Re: Tenants Paying in Cash
by Nicole (PA)
on June 22, 2012 @10:02
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there are many people who live in the world of cash, rent to own furniture/appliances, pay day loans, buy here/pay here cars, etc. They are not all criminals - they just live a different financial world than main stream and often when you live that way, climbing out is difficult.
In upperend properties, this wouldn't even be an issue. those of us who have middle to lower end properties take cash.
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