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Updated 8 months ago on . Most recent reply

User Stats

65
Posts
37
Votes
Jay Levy
  • Rental Property Investor
  • Miami FL
37
Votes |
65
Posts

Applicant Screening Process

Jay Levy
  • Rental Property Investor
  • Miami FL
Posted

I’m looking for a feedback and advice around process and tools used by owners and managers around applicant submission, tracking, analyzing and selecting. More specifically any info you can share around tools you use to receive applications, background & credit checks, analyze the applications and rank and rate the applicants.  If you have built any templates that would be great to see also. 

Along with tools and internal Process you have for selecting applications and ensuring compliance with all laws would be helpful. 

Most Popular Reply

User Stats

65
Posts
37
Votes
Jay Levy
  • Rental Property Investor
  • Miami FL
37
Votes |
65
Posts
Jay Levy
  • Rental Property Investor
  • Miami FL
Replied
Quote from @Denver McClure:

Hey @Jay Levy, an easy option is to use keycheck to run your background and credit checks. You can select the option to have the applicant pay for the service. Once I receive the reports, I usually have a zoom meeting with the applicant, ask for two references, and chat about their employment. It's important to get to know the applicant before you just sign off after a fair credit/background check. I created my own tenant tracker to rank each applicant following those meetings. Everyone has their own process, but I recommend starting in excel with a unique ranking system based on the inputs that concern you the most.


 Denver - thank you for sharing your process, much appreciated.  Could you share any more dtails around whats in your tenant tracker ranking sheet? Interested to see how you weight things and what you look for. 

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