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Home · Property Management · Tenant Screening (Page 14)

by Julie MurphyOne unreliable tenant can cause extreme headaches–non-payment, damages, even leading to eviction.With the easy process of online tenant screening, it’s possible those problems can be avoided.Basic tenant screening, like a tenant credit check, protects your investment as a landlord against tenants who make dishonest remarks about their histories. There are many companies online…


Credit is not the only factor in screening a tenant. Truthfulness, respect for your property, and a willingness to cooperate are also crucial predictors of how the rental relationship will go. Much of the information you need to know comes from the initial contact with the tenant. Do you know what to look for? Here…


The Tables Have Turned: Your Tenants May be Screening You! You’ve probably been doing tenant screening on new applicants for years but never heard of a tenant doing a landlord screening.  With foreclosure numbers continuing to hit record spikes, the real estate industry is in flux.  Just under twenty percent of foreclosures are rentals.  In…


Credit is not the only factor in screening a tenant. Truthfulness, respect for your property, and a willingness to cooperate are also crucial predictors of how the rental relationship will go. Much of the information you need to know comes from the initial contact with the tenant.  Do you know what to look for?  Here are some…


The foreclosure crisis is still raging, according to statistics from Realty Trak, an online foreclosure marketplace. They reported nearly 235,000 proceedings for March. That’s an increase of 5% from February, and 57% from March, 2007. This trend is creating an influx of renters, most of whom lost their homes, but many who were evicted when…


Tenant Background Checks: Quick Tips on Tenant Bank Accounts A prospective tenant that does not have a checking account is a red flag. An adult without a checking account is probably a very high risk tenant. They either could not get an account due to improper identification or their account was closed by the bank…


“You’re trying to tell me you don’t know your date of birth because you were too young to remember?” A false positive criminal report in your tenant screening background check can cost you a valuable prospect when his only crime is having the same name as someone who has a criminal record. While credit information…


Do You Have the Techno-Savvy to Screen Younger Tenants? Veteran property manager Wallace Gibson of Gibson Management Group, Ltd., in Virginia responded to our article Is Your Lease Application Falling Short? with his own list of great tips, gleaned from forty years in the property management business.  Here’s some of his sage advice: Tenant Credit Checks Running…


TENANT BACKGROUND SCREENING: What’s in a Name? Although a prospect’s name typically is the first thing a landlord asks for, it is often incomplete on the application and lease. This presents a problem for enforcement of the lease agreement, evictions, subsequent collection efforts, and investigations.Make certain that you recorded the prospect’s full, legal name, including…


TENANT BACKGROUND CHECKS: A Quick Tips Checklist for Finding Red Flags While nothing takes the place of tenant screening reports and employment and personal references, here are some quick ways to check whether your prospective tenant is giving you valid information:   Ask the prospective tenant for rent receipts for the past three months at…

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