Friday, 13 February 2015

Tips for a successful tenant background check

If you are a landlord, a bad tenant can truly be a living nightmare. So if you are a landlord and you want to avoid a bad tenant who would just bring in nothing but trouble, canadianrealestatemagazine.ca has a great article with 10 tips for a successful tenant background check.
Here are a few:
Ask the right questions 
Asking the right questions is the first and most essential step to a great tenant background check. Before you meet tenants face-to-face, you will likely talk to them over the phone. This is your opportunity to prequalify them.
8 Questions to ask during a tenant background check
  • When do you need a place by?
  • Have you given notice to your existing landlord?
  • How is your job?
  • How is your credit report?
  • What is your maximum budget?
  • How many bedrooms do you need?
  • Do you have pets?
  • Who else will be living with you?
Look for troubling signs
Professional tenants are people who make a living from deceiving landlords. They know how to lie about their identities to get their rental application approved. Once they move into rental properties, they don’t pay the rent and disappear before landlords can ever take them to court. These are the worst tenants you can possibly have and it’s important to watch for any telltale signs.
Verify the landlord’s name using proper channels
A good way to do this is to get your Realtor or lawyer to conduct a land registry check on the addresses belonging to the tenant’s current and previous landlords. If the names provided match with those listed on land registry, the tenant has been honest and forthcoming about this information.
Here is the link to this full article. I recommend reading it!

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