Show055: 7 Tenant Screening Tips To Help You Get The Best Tenant

Join Our RentalRookie Community (It's Free)

"We are what we repeatedly do.  Excellence, therefore, is not an act but a habit."

-Aristotle

Itunes

Today's show is sponsored by Lima One Capital, a lender for residential real estate investors.  They offer a 30 year fixed rate product with low rates, great customer service and no borrower debt-to-income ratios.  If you're looking to buy your first property or refinance your rental portfolio give them a call at 1-800-390-4212 or visit www.limaonecapital.com/rentalrookie.

Tenant Screening Tips

Today's show is geared to the self managing landlord.  So whether you are currently managing your properties or plan to in the future, we discuss some of the most important aspects of tenant screening to ensure that you are choosing the best tenant out of your application pool.

Tenant screening can be one of the most intimidating aspects of landlording because it is the process by which a landlord chooses and turns over his/her investment to another.  Many times, rookie investors may rent to the first person that shows interest because they want to be getting money back into their pocket as soon as possible.  What's important to understand is that in some cases it may be better to hold out for a good tenant then to let anyone in your property.

Download our 7 Tips for Tenant Screening Checklist Now

In the show we discuss,

  • The important of tenant screening
  • verifying employment
  • Running a debt to income ratio to qualify
  • criminal background checks
  • why you must actually call the references and previous landlords
  • and more...

Links Mentioned In the Show

Itunes

Download Our Tenant Screening Checklist Don't let your property in the hands of the wrong person. Tenant screening can be one of the most critical aspects of owning a rental property.   Grab a copy of our free checklist to guide you when it comes to choosing your tenant. Click here to download now.

Leave A Response

* Denotes Required Field