Would you rent to.......
- Thread starter Ebbie
- Start date
hi Duncan,
I understand what you're saying.I like the suggestion that maybe centrelink should be the ones paying the rent upfront.(forget who said it) I'm just saying maybe she has other forms of income that she may want to keep private, or plans on taking a roommate...whatever. As long as they pay rent, respectful of the property, follow the property rules, and with a clean reference, give people a chance.
One persons lifestyle may differ completely from anothers.
I understand what you're saying.I like the suggestion that maybe centrelink should be the ones paying the rent upfront.(forget who said it) I'm just saying maybe she has other forms of income that she may want to keep private, or plans on taking a roommate...whatever. As long as they pay rent, respectful of the property, follow the property rules, and with a clean reference, give people a chance.
One persons lifestyle may differ completely from anothers.
I rented a $200pw house to a single mum with 3 kids. Payments were all over the place, fell behind in rent every 1.5 months or so (letters, etc) and then ended up doing a runner. God knows how she got into another place, I guess some people just don't do their due diligence.
I'm very fortunate to have an excellent PM looking after the place. She's even filling out my landlord insurance claim for me right now!
I'm very fortunate to have an excellent PM looking after the place. She's even filling out my landlord insurance claim for me right now!
kathryn d said:
Unfortunately we must make decisions about our properties, in order to ensure we get a good tenant, not a desperate one. We must ensure that if tenants make a bad decision and try to over-commit, we don't allow them to do it in our property - we know it will become a problem for all concerned, and lead to vacancy, re-let costs, uncollectable rent arrears etc etc.
It is important for your IP and cashflow to either understand the renter mentality, or use a PM that does.
Hope you get some good tenants.
cheers
crest133
Single mums
Bachelors
Families
Professional couples
Pet owners
It's not who they are but their rental history, affordability (and I would be concerned if the rent was eating up over 35% of their total income) and the way they treat your asset that counts in the end.
I've had a range of tenants, ranging from professional skateboarders through to single mums, bachelors and young families. No one socio-economic group stands out as better than the others, when it comes to paying rent and keeping the property in good condition. Let's be careful not to pigeonhole people, based on their personal circumstances. As long as they can genuinely afford the rent, have solid references and present well then they deserve a chance.
Bachelors
Families
Professional couples
Pet owners
It's not who they are but their rental history, affordability (and I would be concerned if the rent was eating up over 35% of their total income) and the way they treat your asset that counts in the end.
I've had a range of tenants, ranging from professional skateboarders through to single mums, bachelors and young families. No one socio-economic group stands out as better than the others, when it comes to paying rent and keeping the property in good condition. Let's be careful not to pigeonhole people, based on their personal circumstances. As long as they can genuinely afford the rent, have solid references and present well then they deserve a chance.
One of my best tenants is a single Mum with 3 youngsters. Been with us since 2000, NEVER been late with rent (currently $230 pw) - moved in after separating from her partner. However, he stumps up a fairly large proportion of the rent weekly, so the cost to her is minimal. THAT is about all I know of her income.
I've never got into all the "whys and wherefores" - she appeared, was recommended by the (then) PM's, and has been a model tenant ever since. I have no idea of her Income (Centrelink, family benefit, whatever...) She pays, looks after the place as if it were her own, and gives me no problems (occasional maintenance issues, normal for a 20 year old house).
I also have a single Dad with kids - also a "no worries" tenant (since 1999). Salt of the earth, most of them....
Long live single Mums and Dads,
Regards,
I've never got into all the "whys and wherefores" - she appeared, was recommended by the (then) PM's, and has been a model tenant ever since. I have no idea of her Income (Centrelink, family benefit, whatever...) She pays, looks after the place as if it were her own, and gives me no problems (occasional maintenance issues, normal for a 20 year old house).
I also have a single Dad with kids - also a "no worries" tenant (since 1999). Salt of the earth, most of them....
Long live single Mums and Dads,
Regards,
