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Updated 8 days ago, 11/19/2024
Do you run screening in all the potential tenants?
Hello folks,
When running BGC and other reports on potential tenants and having applicants pay for them, do you run them for all? Let's say it's a family of 4, do you make them all pay for the aprox $40-$50 screening package? It makes sense to me but I foresee that to be a contentious point, even more if they end up not getting the rental.
Thank you in advance!
- Real Estate Consultant
- Mendham, NJ
- 7,014
- Votes |
- 6,155
- Posts
We require them for any tenant over 18 years old.
- Jonathan Greene
- [email protected]
- Podcast Guest on Show #667
Hi Allende, my firm handles property management here in Miami. What we do is bundle it into an application fee. Typically, we conduct background checks on only the individuals who are responsible for the lease (primary resident) and/or cosigners. On a per-owner basis the policies will change for occupants over the age of 18.
I'd be happy to discuss this or any other topics regarding property management at length via message if you'd like.
- Diego Curbelo
- Property Manager
- Royal Oak, MI
- 4,824
- Votes |
- 8,228
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@Allende Hernandez what happens if one or more occupants move out and the others stay?
So, all parties over 18 need to sign the lease.
If they are going to sign the lease, why wouldn't you screen them?
- Drew Sygit
- [email protected]
- 248-209-6824
What they said.....everyone over the age of 18 has to have a background/credit/ ID verification and sign the lease.
- Real Estate Broker
- Cape Coral, FL
- 951
- Votes |
- 1,638
- Posts
All adults MUST apply! How else would you know which one is the criminal?
- Adam Bartomeo
- [email protected]
- 239-339-3969
- Real Estate Broker
- Cody, WY
- 40,236
- Votes |
- 27,344
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Every adult must be screened and approved, period.
Here's a detailed guide on how to screen applicants: Application Screening Guide
- Nathan Gesner
My friend all it takes is a bad apple.
if you are asking, you are lucky you have not gone through a bad experience-Evicion.
Can cost YOU thousands of dollars and headaches.
yes run al person over 18
Keep it going in
Luis Maqueira MMP
Hi Allende, I agree with the others—everyone aged 18 or older should submit an application, go through the screening process, and sign the lease.
Thank you all very much! Carrying on with BGC for all adults 18+!
And what if the one person you didn't check has a criminal background, has collections, and more? This is your property and your investment, not theirs. You have to protect your assets and your family.
Yes to all over 18 years old.