Real Estate Agent · NC · Member since 2020 · 19 posts · 5 votes
Hello everyone:
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?
@Gerardo Castillo - I have had success just using Zillow to both market and screen tenants. Prospective tenants can apply through Zillow (I think its $25 or so); you get a background check, a credit score with list of accounts and collections, and applicant can upload income documentation.
Wether the experience goes great or terrible, hire a property manager. Stop self managing property.
Hello Eliott, thank you so much for your advise. Actually my intention is not to manage my future properties but I would like to leverage that I only have one to learn how is it. To learn with the practice. Then I will hire a property manager and delegate that task.
I use Smartmove which is a Transunion product (website is mysmart move.com). It is very easy to use and costs around $40 for background, credit and rental history. The credit is not a FICO score but gives you a list of accounts and the ones not paying etc and they have their own score system.
I use Smartmove which is a Transunion product (website is mysmart move.com). It is very easy to use and costs around $40 for background, credit and rental history. The credit is not a FICO score but gives you a list of accounts and the ones not paying etc and they have their own score system.
Hello Randy, I appreciate your advise..! Thanks a lot.!
apartments.com does a pretty good job. You pay nothing. They provide you with an application credit score, eviction history, and criminal background check.
@Gerardo Castillo We use the Innago software to manage our rentals and have been doing so for years. They offer tenant screening services through TransUnion. We usually do a full screening on our tenants, that includes a credit, criminal and an eviction check for $35. Innago structures it to having the applicants pay for the screening, making it very easy on my end. As soon as an applicant completes their application, I receive a copy of their screening reports within minutes and I am able to review them.
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?
I appreciate any help you can provide.
Gerardo Castillo
Full disclosure, we use property management, so cannot speak from experience.
That said, we have done our research and keep contemplating managing some of our properties. I know rentredi always comes up as a preferred solution as well s might even be a BiggerPockets partner.
I also like Hemlane, a solution that is somewhat between self-management and having a property manager, I would look into it.
In either case, this site has a ton of resources including section on rent collection and tenant screening. https://everyreitool.com/categ...
@Gerardo Castillo - I have had success just using Zillow to both market and screen tenants. Prospective tenants can apply through Zillow (I think its $25 or so); you get a background check, a credit score with list of accounts and collections, and applicant can upload income documentation.
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?
@Gerardo Castillo We use the Innago software to manage our rentals and have been doing so for years. They offer tenant screening services through TransUnion. We usually do a full screening on our tenants, that includes a credit, criminal and an eviction check for $35. Innago structures it to having the applicants pay for the screening, making it very easy on my end. As soon as an applicant completes their application, I receive a copy of their screening reports within minutes and I am able to review them.
@Gerardo Castillo - I have had success just using Zillow to both market and screen tenants. Prospective tenants can apply through Zillow (I think its $25 or so); you get a background check, a credit score with list of accounts and collections, and applicant can upload income documentation.
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?
I have bought a property in Montgomery and wanted to rent it through the section 8 program.
I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?
I appreciate any help you can provide.
Gerardo Castillo
Full disclosure, we use property management, so cannot speak from experience.
That said, we have done our research and keep contemplating managing some of our properties. I know rentredi always comes up as a preferred solution as well s might even be a BiggerPockets partner.
I also like Hemlane, a solution that is somewhat between self-management and having a property manager, I would look into it.
In either case, this site has a ton of resources including section on rent collection and tenant screening. https://everyreitool.com/categ...