The best way to avoid bad tenants is simple: do thorough tenant screening on ALL tenants that you are considering. In the past, this process has been made complicated by companies selling many different screening packages but Rentler’s tenant screening services are comprehensive–making tenant screening easier than ever before. When you complete a tenant screening, you receive a complete tenant background check, credit check and eviction and bankruptcy records on both a state and county level. By screening your potential tenants through Rentler you’ll find out:
- Any history of eviction.
Tenants with a history of eviction can be bad news for landlords. Seeing a tenant’s history can give you a date of the incident and a record of how it was resolved. - Criminal offenses.
Seeing a complete tenant background check will give you insight to any prior offenses that you may want to discuss with future tenants. - Their income.
Once you have verified a potential tenant’s income, you can see if it follows the 30 percent rule that many landlords follow when deciding if a tenant will be able to pay rent each month. - Unpaid debts.
If a tenant has declared bankruptcy, it will show up on a credit report. Bankruptcy can be a sign that a tenant is not ready to handle monthly rent payments, so be wary when it shows up on screenings. - Address verification.Double-check to see if their past residences match up to what appears on their application. If the info in incorrect, that may be a sign that they are hiding something. Best of all? The landlord decides who pays. Sign up for a free Rentler account and start screening tenants today.
Your rental is an investment, so taking small steps to protect it now can pay off big time in the future.
Originally published on Groundwork
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