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Updated over 8 years ago,
Rental Kharma for Landlords
Greetings, I'm currently renting and I signed up with RentalKharma so that my rent would get reported to the credit bureaus and help build my score. They have been reporting my rent (can't say it has a made a difference in my credit score, but it hasn't been long and my score was already pretty good).
I'm currently in the process of buying a duplex. We'll be living in one side, and renting out the other side. Rental Kharma has a process for Landlords to get tenant screening when tenants sign up (prospective tenant pays) and then they build their credit every month when they pay on time. It seems like a win-win to me.
Has anyone used this? How effective is the screening? It says it checks criminal history, eviction records, credit scores, etc. Just wondering if I can really use this as a one-stop screening (plus my own sniffer) for screening tenants.
Thoughts? Experiences?