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Updated over 1 year ago,
Common Criteria for Renters?
- Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm not sure.
1. I've always seen gross income must be 3x rent. Must be willing to submit to employment verification
2. Must be willing to submit to and pass a criminal background check
3. No pets
4. 1 month's rent to be kept as a security deposit due upfront
5. Tenant responsible for all utilities
6. Must provide 2 years of residential history and contact for previous land lords
7. Tenant required to maintain renter's insurance
Are these reasonable or too picky. Is there anything I'm forgetting?