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Updated 24 days ago on . Most recent reply

User Stats

35
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Kyle Carter
25
Votes |
35
Posts

Screening tenants effectively

Kyle Carter
Posted

Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? 

For regular tenants and/or section 8 tenants.

  • Kyle Carter
  • Most Popular Reply

    User Stats

    32
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    Alec Barnes
    25
    Votes |
    32
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    Alec Barnes
    Replied

    Hello Kyle,

    When screening applications for the properties that I manage, I always look for:
    - Income of at least 3 times the monthly rent (verified through the employer)
    - Credit score of 580+
    - Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)
    - No history of collections, evictions, or criminal offenses
    - No overdue debt (except medical debt)

    I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

  • Alec Barnes
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