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Updated about 4 years ago,
Guarantor/Renter Application Fees college students
Hi - We're getting a lease ready for 5 college students. We use Rentredi as our PM software and they charge $35 for background/credit checks. I feel a little bad charging $350 of application fees, but that's what it would be if we screen all the tenants and their parent/guarantors. Knowing these students aren't going to have much credit/income yet (and they're freshmen so doubtful they've ever been evicted), would you forgo the screening on the tenants and only have the parent/guarantors pay the screening fee?