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Updated over 5 years ago on . Most recent reply

Screening tenants/handling paperwork
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

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.