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Updated over 4 years ago on . Most recent reply

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Shawn Wainsely
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How are you preventing new tenants working the system w/ covid

Shawn Wainsely
Posted

Im actively seeking new tenants right now for a property, since we are dealing with no evictions through 2020, how are you fellow landlords avoiding tenants who may (most likely not, but possible) try to take advantage of the system.

Of course job history, and proper vetting is huge right now, what are your tricks?

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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
6,948
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
  • Investor
  • Shelton, WA
Replied

@Shawn Wainsely I think the biggies are employment security and integrity, or the lack of either or both. Up your screening game, make no compromises, increase your base criteria, increase your rent where possible, maybe now is a good time to look at Section 8 if you have not in the past. Hospital workers, and other essential services, retired folks who also have a pension, employees who can work from home, many government employees.

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