| The urgent situation in the economy has opened | | | | credit check. If you get a negative report or the |
| the doorway to many life-changing situations | | | | identity do not match, refrain from renting your |
| especially in the real estate world. For example, | | | | property to this tenant. Give them a letter of |
| home ownership continues to deteriorate due to | | | | explanation of the reasons for your rejection and |
| the economic downturn. For this reason, the | | | | encourage them to correct any erroneous |
| number of rental properties began to boom in the | | | | information with the reporting agencies. Some |
| real estate industry. | | | | tenants have less than ideal credit reports. You |
| For those who have the resources, this kind of | | | | must decide on the level of credit that is required |
| business proves to be a good investment. | | | | for you. |
| However, to make it into a success, as a | | | | 4. Inquire from the current landlord certain |
| homeowner or a landlord, you should be able to | | | | questions such as any late rent and how many |
| find good tenants to rent your property. | | | | times this occurs. You could also check if the |
| Screening good tenants saves you both time and | | | | tenant is characterized as a no maintenance, low |
| money. Spending a little time screening potential | | | | or high maintenance. You can check if they have |
| tenants can eventually save you hours and dollars. | | | | caused damage to the rental property and the |
| Furthermore, tenant screening is easier than it | | | | reasons why this happened. Make sure to thank |
| was before. Find out how to screen for good | | | | the landlord for his or her time in answering your |
| tenants here. | | | | queries. |
| 1. Have a simple tenant application form that gets | | | | 5. Ask your prospective tenant's present |
| you all relevant information about the renter. The | | | | supervisor to verify the salary range the person |
| form should include details of his or her full legal | | | | currently makes with the company. Information |
| name, present address, social security number, | | | | on any disciplinary issues regarding the person is |
| employment, income and employer. You should | | | | also helpful. |
| also inquire on the contact details of the employer. | | | | 6. You can opt to go to various agencies to help |
| The tenant should also provide you the reason | | | | your verification process to ensure they have |
| why he or she prefers to move and ask for the | | | | clear records. You mayinquire from courthouses |
| name and contact details of the previous landlord. | | | | for any eviction record and secure police records |
| 2. Verify the place of employment first before | | | | to make sure that you are not dealing with a |
| anything else. You can take the name and the | | | | dangerous person. |
| number of the company yourself and check out if | | | | Good tenants are valuable treasures to find. |
| your prospective renter is really working in such | | | | Nevertheless, finding the right one could mean a |
| company. | | | | productive real estate investment. A good tenant |
| 3. Do a tenant screening credit check. Once you | | | | screening practice helps minimize the cost of low |
| have verified the tenants' address and | | | | tenant turnover and property damage to a |
| employment information, you can perform a | | | | minimum. |