Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

33
Posts
5
Votes
Darek J.
  • Central Valley, CA
5
Votes |
33
Posts

Prospective Tenant Screening Criteria checklist question

Darek J.
  • Central Valley, CA
Posted

Hello all, 

I spent the last hour or so typing up my screening criteria for anyone that will applying to be a prospective tenant for my rentals.  I have great inherited tenants now (knock on wood), but I would like to get my criteria set down, in case it is needed in the future if they decide to leave one day.  That way I have a documented criteria/procedure for selecting a new tenant in place to avoid any discrimination issues. The typical things that I see mentioned often are included, but would you add anything additional?  What am I missing?

1.  Primary tenant(s) must be 18 years or older

a.  Any tenant 18 years or older:

i.  Must fill out rental application

ii.  Must be included on the lease

2.  Tenant(s) must fill out rental application completely

a.  Full name, DOB, Drivers license number, and social security number

3.  Tenant(s) must agree to both criminal and credit check ($35 processing fee must be submitted at the time of application per applicant).

4.  Credit score FICO must be above 600

5.  No Violent Criminal or Felony convictions

a.  No pending criminal cases

6.  No previous evictions

7.  Previous rental references must be provided

a.  References must give positive review of prospective tenant(s)

b.  Reasonable explanation if no references are provided will be considered

8.  Must be currently employed

a.  Able to produce the 2 most recent payroll check stubs dated within the last 45 days.

b.  Total income (combined if multiple tenants) before taxes, must equal 3 times monthly rent

c.  Confirmation call to employer to verify employment

9.  No section 8 allowed

10.  No smoking allowed

11.  No Pets allowed

a.  Companion/Service animals allowed

12.  $XXX holding deposit must be submitted within 48 hours of approved tenant application to hold the unit, which will be applied to first month rent/security deposit

a.  Unit will not be held for more than 14 days unless otherwise agreed upon

13.  Full amount of first month’s rent and security deposit must be paid in full at lease signing

14.  Tenant(s) must bring a current DL/ID to be photocopied at the lease signing

15.  Tenant(s) must sign lease prior to move in


Most Popular Reply

User Stats

101
Posts
44
Votes
Andrea Collatz
  • Englewood, CO
44
Votes |
101
Posts
Andrea Collatz
  • Englewood, CO
Replied

Hi @Account Closed

I'm a representative with TransUnion SmartMove. SmartMove’s consumer reports contain credit and public record information on consumers that is updated regularly from thousands of sources of data. Although update frequencies vary, many sources update on a daily or weekly basis and we update our information as soon as we are provided with new data. Our goal is to provide our customers with accurate reports based on the highest quality of data sources available to us.

If you have any other questions feel free to send me a note on BiggerPockets. Thanks!

Loading replies...