Sample Tenant Screening Criteria

Paystubs w 2s bank account statements along with employer verification are good ways to do this.

Sample tenant screening criteria.

Click here to download our tenant screening checklist. They are true stories taken from actual biggerpockets members and are just a tiny sample of what a real estate investor often must go through as a landlord. Screening criteria does not have to be distributed to everyone. Think back to a time when you made a small exception for a really nice potential tenant.

What is the purpose of tenant screening criteria. The bulleted items below are a clickable list that serves as a table of contents for this tenant screening checklist. If you create a sample tenant screening criteria up front you will be able to eventually land on implementing a consistent measurable actionable process for filling vacant rental properties. Advanced property management follows a policy of fair and equal treatment to all persons regardless of race color religion national origin familial status or handicap and in compliance with all federal state and local laws.

It comes with two forms taking consent from the potential tenant to contact employers as well as to access other rental histories. Some phas have modified their tenant screening criteria and procedures in an effort to reduce barriers to housing access for people experiencing homelessness particularly for people who have had contact with the criminal justice system as a result of problems with mental illness or substance use. Verifying tenant income and employment is an important step during tenant screening because you need to make sure your tenant has enough income will continue to have enough income for the coming year to pay rent. More tenant screening tips.

With tenant screening criteria most landlords include a credit check to provide a detailed look at the applicant s financial situation. In order to make sure that your tenant is credible and trustworthy a tenant screening checklist can help. In this chapter of our tenant screening tutorial we will highlight aspects of this checklist. Tenant screening checklist items.

Through the checklist you will get to know and evaluate the tenant s credit history criminal history rental and eviction records and many other vital details as regards the tenant. Credit history is one of the essential parts of the applicant s past. Some landlords choose to give their criteria to potential renters as a form of self screening with the intent that potential applicants will read the criteria and not submit an application if they do not meet the criteria saving the landlord time and. Creating tenant screening criteria.

It includes information about background checks. Landlords must impose the same credit report standards on all applicants for the rental. This rental screening checklist template provides an exhaustive list of information that a person would need to know from a potential tenant.