Hacker News new | ask | show | jobs
by arghIdontwantto 3348 days ago
(not in the USA, so things are a bit different, we can't do credit checks or criminal records for example) The tenants I have in my properties were relatives of people I knew. What we do here is we have a concept (fiador) where while you sign the lease yourself, another person/couple (usually parents) are financially responsible for any non payed rent/damages. This has the 2 benefits, a) the fiador knows he will be liable for any crap the renters do, so if they know they will trash the place they will refuse to sign (big warning sign) and b) you have 2 separate entities to go after for damages.