S
ShaneyMac
Guest
I have a property up for rent at the moment and about 70% of the calls I'm getting to view it are from people asking do I take rent allowance. I'm not sure what to tell them as I don't fully understand how much these tennants are entitled to from the state and where does the rest of the money come from.
My present point of view is that these tennants would be less desireable due to the fact that -
- If they are on rent allowance, they don't work, and therefore, where do they get the balance of the money, over and above what the state pays them.
- Whilst I'll certainly get the state portion of the rent, I could end up chasing the balance every month from the tennant.
Am I misguided in this assumption about rent allowance tennants?
Any experience/advice greatly appreciated.
My present point of view is that these tennants would be less desireable due to the fact that -
- If they are on rent allowance, they don't work, and therefore, where do they get the balance of the money, over and above what the state pays them.
- Whilst I'll certainly get the state portion of the rent, I could end up chasing the balance every month from the tennant.
Am I misguided in this assumption about rent allowance tennants?
Any experience/advice greatly appreciated.