Generally, having a prior eviction is not a good thing for obtaining a rental approval. There are two main factors our underwriters review, as part of their entire review of the application, to determine how relevant a prior eviction is to the overall approval.

1. Time since the eviction

We prefer a period of five (5) years since any eviction. We will review mitigating circumstances associated with the eviction but any eviction less than five (5) years old is difficult to work with. The time factor can be significantly offset though by the next factor.

2. Has rental history been re-established?

What type of referral are we able to receive? Rental history from family and friends is not as powerful as that received from a professional management company or apartment complex. Of course, a clean, trouble free reference will go a long way toward providing added comfort to any previous evictions.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Looking for a property manager in Central Indiana?

Find out how we can work together to improve your ROI.

Find out how WILMOTH Group can help improve ROI on your investment property

Complete the form below to download our free Property Management Guide for Central Indiana.

Thanks for your interest!