Landlords….. POLL ….Do You Check Prospective Tenants Credit?
To landlords that don’t rent through a managment company but manage their units themselves.
Do you check credit?
Why do you self manage and do you think that makes your units less desireable to decent tenants?
Benpen…..
Do you really trust what someone says?
I use a credit report to see any judgements for evictions they may leave off the application……not just for fico scores. I’ve had tenants put a friends name on the landlord line. I asked the named landlord who owned the property and she said her husband. His name was not the name on public record. I called info to get owners number….and she confirmed they were just evicted.
Tenants don’t always tell the truth.
I always check credit, criminal, court, rental and work histories.
I self manage.
Seeing as my longest vacancy was less than 2 weeks and my tenants stay on average 5 years, I would say no, my units are not less desirable to decent tenants.
What Happens When Your Tenant Moves Out? Do You Lose A Lot Of Money?