Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: eastforker

Bad strategy to ever put tenant utilities in your name. If they couldn’t afford that was your clue not to rent to them


10 posted on 09/02/2020 7:47:32 AM PDT by gcparent (Justice Brett Kavanaugh)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: gcparent

“Bad strategy to ever put tenant utilities in your name.”

If they can’t pay the utilities to the utility company, how will they pay them to you? The reason for the problem is they can’t afford the deposit required for people with bad credit.

The only way to rent to people with bad credit (shouldn’t) anyway) is to charge them a double or triple deposit. That will run them off usually.

Even if a tenant puts utilities in their name, and if they don’t pay, the the utilities will be put back under your name and you get to pay. You won’t be responsible for what they didn’t pay however. But your lease should state any rent paid will first be applied to rental late fees or late utility payments. That way they still owe you some rent, and can be evicted for nonpayment. That’s for the ones that try to give you a few hundred and stall.


18 posted on 09/02/2020 7:55:31 AM PDT by SaxxonWoods (Prediction: G. Maxwell will surprise eOnveryone by not dying anytime soon.)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson