Tenant Screening

Landlord’s Guide to Tenant Screening

Landlord's Guide to Tenant Screening

People searching out tenant screening are usually in one of two camps…

Camp #1: You’re deep into the process and researching tenant screening services

Camp #2: You have a vacancy, and you want to learn the system to find a perfect renter

If you’re in camp #1…

… we’d recommend skipping ahead to our chapter on rental background checks.

There you’ll learn about the data involved with background checks and what matters when selecting a tenant screening service.

If you fall into camp #2, you can continue down the page to follow this blueprint to find that perfect renter.

tenant screening reportsWhat is tenant screening?

Tenant screening is a repeatable process for finding the best renter for your rental. It starts with qualifying your screening criteria and then generating interest in your rental. Then, you can begin systematically weeding out unqualified renters until you find the very best fit your property.

Not everyone has a tenant screening process in place.

Our comic strip below shows the wide disparity between two landlords and their approach to tenant screening.

tenant-screening 2

Laura is going to be your guide throughout this tenant screening course.

If we could sum up tenant screening with one quote, it would be this…

“An ounce of prevention is worth a pound of cure.”

Tenant screening is not about immediate gratification, and that’s why some landlords have a tough time mastering it.

Think of tenant screening like maintaining a vehicle.

If you get regular maintenance and oil changes you’re likely to pay less in the long-run with that vehicle.

If you take the time to do tenant screening the right way…

… you’re going to have fewer frustrations and headaches in the long-run.

How to create a tenant screening process

This tenant screening tutorial is designed to show you how to properly screen tenants so you can sleep easy at night. The more emphasis you place on screening tenants, the easier it’s going to be to manage your rentals.

Let’s get started…

What You’ll Learntenant screening reports

tenant screening process

 

The Venn diagram is a simplification of the tenant screening process.

However, it acts as an excellent visual of what this course will cover.

We will get to this process once we cover the overall checklist and touch upon tenant screening laws.

Like most things… the more you run through this process, the easier it gets.

Let’s get started…