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 about 7 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
7
Votes |
29
Posts

Minimum Requirements to pass Screening

Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
Posted

What are your minimum requirements set for an applicant to pass when screening possible tenants?  Such as credit score, verifiable income compared to rent amount, clean background, etc. 

Thanks,

Luke Jackson

Most Popular Reply

User Stats

2,366
Posts
1,081
Votes
Michele Fischer
Pro Member
  • Rental Property Investor
  • Seattle, WA
1,081
Votes |
2,366
Posts
Michele Fischer
Pro Member
  • Rental Property Investor
  • Seattle, WA
Replied

Since we do not charge the screening fee we take a bit more liberty in keeping our criteria generic.  We require 2X income, no evictions, and no level 2 or 3 sex offenders.  The rest is based on our point system.

Our Criteria:

We do not deny housing for race, color, religion, sex, national origin, handicap, sexual orientation, marital status, or familial status.

We do deny housing to individuals:

  • when the application is not complete or accurate
  • where there is not sufficient income/resources to pay rent and live
  • where there is poor prior tenancy: evictions, violations, damage to rental property, poorly handled move outs, amounts are still owing to landlords or utilities.

Criminal activity is at our discretion depending on severity, number of convictions, and how long ago.

  • Michele Fischer
  • Podcast Guest on Show #79
  • Loading replies...