Tenant screening verification is one of the most important practices that a landlord can employ to insure that tenant applicants are qualified and that they do not have a negative history that includes a pattern of delinquest accounts, judgments, evictions, or criminal records.
Tenant Screening: Find Good Tenants and Avoid the Nightmares As a rental property owner, you may always want to have your properties inhabited constantly since that would certainly mean more income. You should also be cautious of admitting residents in to your property. Before offering an occupant accessibility to the home, you have to have…
Section 8: Advantages and Disadvantages Section 8 Housing offers both pros as well as cons. The actual primary theoretical benefit could be that the government ensures the lease. Still utilized, there are plenty of ways this could become a very bad situation. Like whenever the tenant initially qualifies for one hundred % subsidy along with…
Bankruptcy Filings Found in a Tenant Background Check Very frequently when we are conducting a tenant background check, we discover that the applicant has filed for bankruptcy at some point in the past. A bankruptcy filing is not necessarily a negative from the prospective of checking a potential tenant’s background history. For example, we see…
Avoid Expensive Litigation with Effective Tenant Screening By now, you would think that undesirable rental applicants would have a really hard time finding a place to live considering the incredible service and information that we have to offer our clients when it comes to obtaining a comprehensive background information about your potential rental applicants. Prospective tenants have…
Evaluating Tenants with a Background Check We are often asked what our Tenant Background Check includes, and what is the difference between the “Background Check” and “Tenant Screening” reports. Both include a Background Check but the Tenant Screening also includes the credit report with a FICO Score. The Background Check is compiled from nationwide…
AIRCRAFT AND FAA REGISTRATIONS – SAMPLE BACKGROUND CHECK REPORT Aircraft and FAA Registraions – 7 records found 1: FAA US Aircraft Registrations Aircraft Number: 8038V Status: Historical Date First Seen: 2/1/2009 Date Last Seen: 5/1/2009 Last Action Date: 1/27/2009 Certification: Not Amateur Manufacturer: SIKORSKY Model/Series: S-92A Weight: CLASS 2 Type: Rotorcraft Engine Type: Turbo-shaft Number of Engines:…
Tenant Screening: Investigating the Personal Background History of the Rental Applicant Shockingly, most landlords don’t bother to thoroughly investigate the personal track record of their rental applicants. It is really difficult to imagine why anyone would not conduct a comprehensive background check on every single rental applicant. We have found that those landlords and property…
FICO Scores: Unreliable for Tenant Screening? Unfortunately, there are still many landlords who still continue to use FICO credit scores as the sole basis to determine the eligibility of their prospective tenants in a tenant background check. There is a serious flaw with this approach. There are many reasons that you should not rely upon…
Unfortunately, there happens to be millions of landlords who simply don’t do tenant background screening. Some are just unaware of how to effectively conduct tenant screening, and others who just don’t believe that it will have any positive impact on the kind of quality tenants that they will approve. Don’t Ever Rely Upon the Representations…
Tenant Screening Red Flags Knowledgeable landlords who conduct tenant screening understand that the objective in running tenant background screening reports is to identify information about their rental applicants that are red flags. These warning signs or “red flags” that indicate elevated risk and should not be ignored. TENANT EVICTIONS One of the most obvious red flags is current or past…