Tenant Screening Checklist
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In my posts Tenant Applications-Red Flags and Tenant Applications-Part 2, I write several times about the different items that I am looking for when I meet and then process a tenant application. I have heard of more than one seasoned real estate investor actually developing a points based system for tenant screening, but I have not seen one until now.
Connie Brzowski guest writes an excellent post, on BiggerPockets Blog, outlining a tenant screening checklist/scoring system. It is simple, but effective as it screens each tenant by the same standards. There is very little room for someone to claim discrimination. I would argue that it also keeps you and I from bending or breaking our own rules because the prospective tenant was nice, had a great sob story, or appears to be well intentioned.
Check out tenant screening criteria.
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Scott Ficek is a Minnesota Real Estate Agent with Keller Williams Integrity in Minneapolis and helps new and seasoned investors buy and own Investment Real Estate. He owns and manages almost 30 investment property units from single family to multi-family. Find his website at www.minnesotainvestmentrealestate.com or receive his blog via your RSS Feed or in your Email.
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February 15th, 2008 at 11:28 am
This could be an effective tool and I could see using to screen tenents.
February 22nd, 2008 at 12:11 pm
I think this could be very helpful to screening a potential tenant.