Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 1 day ago on . Most recent reply

How do you screen tenets?
Hey all!
I have a handful of questions regarding filling a vacancy. If anyone has a moment, I would appreciate some feedback on a few things. Also, for context I am renting out my first multifamily property in the Boston area:
- How typical is haggling when it comes to agreeing on rent? If you want your unit to be rented for $3,000 should you post it for $3,200 because everyone will be trying to get that number down?
- What do you use to screen a prospective tenets credit score, eviction history, criminal history, etc.?
- What parameters do you set for your tenets income in order to rent to them (example: gross income 3x rent)?
Thank you.