| One of the first things any good landlord should | | | | stake and you are going to want to protect |
| do before they allow anyone to move in is a | | | | yourself against someone coming in that may not |
| thorough resident screening. While the bulk of this | | | | be all that they appear. When this is the case, a |
| process is going to involve forms that you fill out | | | | full tenant background check may be in order. |
| and interviewing the perspective tenant, the final | | | | For the tenant to sign off on this, the landlord |
| step should be a renter credit check to make | | | | must make sure that they are using a reputable |
| sure that everything that they are telling you is in | | | | company that guarantees that all information is |
| fact truthful. | | | | going to be confidential and that there contact |
| The resident screening process can be as deep as | | | | information is not going to be sold off for fees. |
| you want it to be. If you are running a large | | | | Put yourself in their position. Would you just sign |
| building, a credit check may be all that | | | | over all of your information without having some |
| management requires. They will probably be | | | | type of guarantee or being able to check on the |
| happy with the fact that the tenant pays their bills | | | | company that is doing credit checks for landlords? |
| on time and that they do not have any negative | | | | It should be expected that the tenant would |
| judgments against them. If they have a credit | | | | show some concern about handing this |
| score of 700 or higher, they will probably be | | | | information over. As long as you can show them |
| welcome with open arms. | | | | who you are dealing with and the reputation that |
| Well what about the case when you are renting | | | | they have, that should be the end of their |
| out a portion of your own home or an | | | | worries. It is the tenant that continues to protest |
| investment property? This is your money at | | | | that you have to worry about. |