By GoldenWest Management
SAN DIEGO, CA. – Are you searching for advanced tenant screening techniques? If so, you’ve come to the right place.
In this article, we will share with you several tenant screening techniques that you can start using today to find higher quality tenants to live in your rental properties.
Make Sure Your Tenant Meets Your Application Requirements
After getting the rental application back from your tenants you should check their application to make sure that their application meets all of your requirements including the following:
Photo ID – Their application must have a current photo ID.
Credit – The prospective tenant must have a credit score with seasoned trade lines (3 or more) and more than 2 years history per reported item.
Verification of Income – This should include pay stubs which show that the potential tenant makes 2.5 x Rent.
Bank statements – Should show that the application has at least six months of reserves.
Rental Verification – Must be a written statement from previous landlord or ideally a professional property management company.
Legal – They must have no evictions.
Background check – You must check their background for a criminal record via HUD guidelines.
Did They Complete the Application?
After doing all of the above you should next check your tenant’s application to make sure that they filled it out completely and signed the application.
This step is important because a prospective tenant who fails to fill out their rental application may be hiding something and this could lead to you evicting them due to the information they left out on their application.
Contact Two of The Prospective Tenants Previous Landlords –RENTAL VERIFICATION
Instead of calling their current landlord, you should contact at least two of your tenant’s previous landlords.
A tenant’s current landlord may give them a “glowing” review (especially if they are eager to get rid of them) while their former landlord may offer you the real truth about who the prospective tenant really is.
Verify, Verify, Verify
Last of all, but most important, always verify all references that a tenant gives you.
From their personal references to income sources, it’s possible for someone to create fake references and you will only know if they are legitimate or not until you actually call to confirm and verify them.
Get Property Management Here
For property management in San Diego, Phoenix or Las Vegas contact Goldenwest Management today by calling us at (866) 545-5303 or click here.