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Updated almost 5 years ago on . Most recent reply

User Stats

26
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5
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Joe A Warner
  • Wichita, KS
5
Votes |
26
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YOUR Standards for Screening Tenants...?

Joe A Warner
  • Wichita, KS
Posted

Good Evening!

I am closing on my first property next week! After about 1-2 weeks of work I'll be ready to rent it out. I am working on the finishing touches to prepare myself to enter the wonderful life of being a landlord.

I have my list of standards my tenants must meet in order to rent my property, but I am curious as to what everyone considers the perfect tenants to be?

What standards do you set for your tenants?

Most Popular Reply

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719
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658
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Irina Belkofer
  • Real Estate Broker
  • Cleveland, OH
658
Votes |
719
Posts
Irina Belkofer
  • Real Estate Broker
  • Cleveland, OH
Replied

Criteria depend on the class of your property: B+ class Tenants are very different from C-.

D class might have checking accounts, cars, credit history or their FICO score is below 500.

If your Rent $500-600/mo, the requirements will differ for these with $1500-1800/mo rent

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