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"If the tenants have no assets, and no income" Well, a little bit of luck/intuition is required on that one prior to accepting them as tenant. Because, by the
by zo1 12y ago
"If the tenants have no assets, and no income"
Well, a little bit of luck/intuition is required on that one prior to accepting them as tenant. Because, by the time you're trying to get what you're owed from them, it's too late.
Also, another way around that (depending on your local laws) is to have an upfront 2/3 month deposit. That should more than cover any unpaid bills/damage/rent that you would be out. Not only that, but it filters out all the tenants that are unable to steadily pay for rent.