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Updated over 5 years ago on . Most recent reply

User Stats

21
Posts
9
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Jonathan Guerrero
  • New to Real Estate
  • Blackstone, MA
9
Votes |
21
Posts

Screening tenants/handling paperwork

Jonathan Guerrero
  • New to Real Estate
  • Blackstone, MA
Posted

Hi everyone, my name is Jon. I hope everyone is well. I am a newbie with my first ever property under contract. I wanted to be preemptive and see if anyone would be willing to give advice on how experienced investors screen their tenants and what paperwork is used. I am aware that there are companies that do it, but charge a lot. So I wanted to see if it was better to do it yourself using cheaper alternatives like RentPrep, etc. I hope to connect with others here. 

Most Popular Reply

User Stats

991
Posts
781
Votes
Christine Kankowski
  • Real Estate Agent
  • Temecula, CA
781
Votes |
991
Posts
Christine Kankowski
  • Real Estate Agent
  • Temecula, CA
Replied

We run their credit through our software.  Al else we verify on our own.  We check for ownership records when they list a landlord and make sure we are talking to the acctual owner, not their friend.  We verify their income wtih W-2's and calls. Also linked in and google searches.  

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