Landlord question regarding credit reports
For those of you who rent property, who do you use to run a credit report on your prospective tenants?
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Two personal references, two work or school references, online Google/FB/LinkedIn search, bank statement if I still feel uncomfortable. No credit report. Judge the person, not a credit number.
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The credit check service offered thru mrlandlord.com. I used to rent using only spdrun's method. I now use credit checks also. I wouldn't go without the credit checks anymore. I still judge the person and not the credit report. However you know a lot more about the person with a credit check.
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I should have added that any approval to run credit reports requires a visit to your 'office' by an inspector who will check to see that your files are under lock and key and you have a shredder. Cost $40 or $60 for the inspection I think and $10 per credit report.
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Huh? Can you expand on this? Is this a CO thing? Where did ou find that requirement?
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Why not run the report? If they are deep in hock, they might be more likely to try to skip out on you or "miss" a payment
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I use amerusa.net Our family has been doing rentals for 25 years. We'd never go back to not checking credit reports. |
Oh, yep, forgot the computer password thing.
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After the mess I went through with our cabin, I will NEVER rent out anything again. :mad:
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