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Tenant Screening Doesn't Have to Be Difficult

By
Services for Real Estate Pros with Rentec Direct Property Management Software

So there's a bit of a misconception out there for landlords, especially, private landlords who aren't incorporated that it is difficult to do a proper tenant screen.  I've heard not just from my friends in the industry but from countless customers things like:  "I'm not allowed to get credit reports", "criminal data is only available to PIs and police", and "it's too expensive".  I must say I can debunk all those myths in about 30 seconds!

Simple fact is, all these reports are available TODAY to landlords, as well as property managers.

  • Credit Reports
  • Criminal Reports (nationwide, state, or county)
  • Eviction Reports
  • Judgments, Liens, Bankruptcy Reports
  • many more..

The cost is often completely paid for in a $25-35 application fee which virtually all states allow for.  To do a good background check you would do at minimum Credit and Criminal, and expect to pay about $17.00 for this.  A $25 application fee covers your cost plus some.

Another thing I've heard is "it's too hard to get setup", or "it requires a site inspection".  False, and True; however, the site inspection can be easier than you may think.  I'm not sure how all other companies do it, but Rentec Direct provides a single page form you can have a neighbor or friend fill out on your behalf which replaces the typical expensive and long wait a typical site inspection carries.  There's no costs, and the entire application/setup process takes no longer than an hour.  Literally it's not unreasonable to get setup and operational the same day ordering credit & criminal reports just a few hours later.

I think I just debunked the myths.  Rentec Direct isn't the only tenant screening outfit out there; however, it's the only one I have access to, so I created a video using our system on just how quick and easy it is to order background reports.  Better quality tenants = better quality income.  Better quality tenants = fewer legal expenses.  Better quality tenants = better property care.  Better quality tenants = Huge Benefit!

 

 

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Nathan is a member of Rentec Direct who provides property management software, tenant ach payment processing, and Rentec Direct's tenant credit, criminal, and eviction screening

Comments (3)

Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

I think tenant screening should be done you would want to know about the tenant's.

Dec 17, 2010 07:55 AM
P C
Rental Solutions Oahu - Honolulu, HI

Right on ! I am a property manager too and these are exactly on target for me too.

Dec 17, 2010 07:59 AM
Jerry Cecil
Bloomtree Realty - Prescott, AZ

Nice post.  I think we could all use this.  Thanks for sharing

Dec 17, 2010 08:09 AM