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Updated almost 11 years ago on . Most recent reply

User Stats

6
Posts
5
Votes
Naguib K.
  • SFR Investor
  • Dripping Springs, TX
5
Votes |
6
Posts

Applicants who are past home owners with no rental history

Naguib K.
  • SFR Investor
  • Dripping Springs, TX
Posted

When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are they low end. I keep them very well maintained. I often get applicants who are moving from a house they have recently sold because of divorce. Because these applicants have no past landlords to contact and may live out of the area, I really have no good way to check on them aside from their financial background. I have approved these types of tenants in the past and though most are solid some are careless with my rentals and cause more wear and tear or damage than I am comfortable with. Recently I have been requesting a double security deposit from these type of tenants but most do not follow-up.

I would like to know how other landlords check on applicants who are recent homeowners with no rental history .

Most Popular Reply

Account Closed
  • SFR Investor
  • Stillwater, OK
37
Votes |
168
Posts
Account Closed
  • SFR Investor
  • Stillwater, OK
Replied

A copy of mortgage loan payments would be helpful

People usually save payment receipts or can get copy of checks

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