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Re: Advanced payment for entire lease - Landlord Forum thread 360115

Re: Advanced payment for entire lease by lpadave on January 4, 2020 @07:33

                              
Bad credit and bk's are a good general indication of how a person runs their life and their word being their bond ( or not)

Many LLs are lured into the carrot of taking a years rent in cash up front.

You'll probably never get into that property again till the end of the lease, the tenant will never call to to complain or respond to your calls.

That may well be the last and only money you will ever see from that tenant.

People will a chunk of cash in hand or under their mattress but no creditor banking are generally a bit shady,...at best.

It is legal for you to do. This is a warm body in your currently vacant apartment.

I would pass and look elsewhere



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