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Registered
Join Date: Apr 2000
Location: Mid-life crisis, could be anywhere
Posts: 10,382
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Landlords, what are you using for tenant screening?
I've used mrlandlord.com for many, many years, but they've changed things up recently and I need to go with a new solution. I tried one a few months ago that required tenant confirmation of the credit pull, and it was a huge hassle. Just digging into it again, as I have a new vacancy. Any recommendations?
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'95 993 C4 Cabriolet Bunch of motorcycles |
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Registered
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I keep it simple. I ask the prospective tenant(s) for references from their friends, banks etc. By interviewing prospective tenants I can tell pretty much the kind of people they are. Smokers? I turn them down. With our building being over 50 year old minimum there are less crazy people. Our lease agreement is restrictive too....
Guy |
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Registered
Join Date: May 2004
Location: Lake Cle Elum - Eastern WA.
Posts: 8,417
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I use a local realty company Property Management Service:
Windermere Real Estate For one months rent, they advertise, show, background/credit check, write the contract, collect the deposit and 1st months rent. I take over from there. What I don't do is use them full time. They want 10% to collect the rent, and schedule repairs. Every year they want 1/2 mo. rent to write a contract renewal. I either do repairs myself or find it done much cheaper. Contract renewal is a 2 paragraph letter extending the old contract. That takes me 10 minutes. At the end of the day, it's well worth it for what they do to get a new tenant moved in. The house is 100 miles away - I can't run back and forth to show it 10 times, etc.
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Bob S. 73.5 911T 1969 911T Coo' pay (one owner) 1960 Mercedes 190SL 1962 XKE Roadster (sold) - 13 motorcycles |
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