New Landlord: How to Screen Tenants & Attract More Applications

[Palak Patel]

Hi everyone,

I am new to the rental business and just purchased my first rental property. I want to make sure I screen tenants properly, but I am not sure where to start.

-What steps should I take to screen tenant applications?

-How do you conduct background checks, and which services do you recommend?

-What key criteria should I use to evaluate tenants (e.g., credit score, income, rental history)?

-What are the best ways to attract more quality rental applications?

Any advice or resources would be greatly appreciated!

Thanks in advance!

[Kasi V.]

Palak,

Many online tools like RentSavvy, Avail, Turbotenant, RentRedi, Apartment.com help you do this process. 

Having said that, since you're a newbie my strong suggestion is to go thru a professional initially.  You can avoid costly mistakes.