Fred Heller

What would you be careful of before renting to someone new to US with good salary (6 time rent) but no credit history in US ? Proof of salary from employer offer letter only. Good bank balance proof (25 times the rent). No background check option available as recently arrived from out of states. Agent claiming that background check was done as a part of VISA. Just wanted to have people's opinion so that I dont miss anything obvious.!!

I have been with my property manager from the start, about 5 years now. Its one of the larger companies in my area. I now have 21 single family homes being managed by them. All in all I am happy with the job they do and would never consider self managing. Fees are pretty standard. New leases they take entire first months rent. Then 10% of gross monthly rents. $200 lease renewal fee. Is 21 properties and counting enough to negotiate some of the above fees?

Step back from this and look at it from a big picture. Before you do anything... What happens if you don't get this house? Do you have time to keep looking? That is really your answer about how flexible you need to be. Is this deal a good deal for you based on market conditions? Only you can answer that. If you are just putting the offer in now, you still need an inspection and appraisal - room for more issues. How bad do you want this house?