The Ultimate Comprehensive List of Tenant Red Flags

red-flag-339489_1280-PDDo you know what tenant red flags you should be on the lookout for?

When you are screening tenants for your rentals, it is pretty easy. You take an application, submit it to a screening company and wait for the results. You have pre-set tenant selection criteria, and you compare against the criteria. You let all the incoming prospects know what you are screening for, and you let them self-screen as much as possible. After comparing the results to your criteria, if the tenants pass, you accept them. If not, you move on to the next applicant.

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2 Replies to “The Ultimate Comprehensive List of Tenant Red Flags”

  1. General question for you wanted to run it past you. I know you list your places 6-8 weeks in advance, we are listing the place about 3-4 weeks before. Do you think it would be a good idea to list the property say 4-6 weeks out and have a weekend in advance where you just show the property. ie list it September 30th and start showing it October 5th to build up people.

    1. Thank you for the comment!

      List it as soon as you can show it. Renters are like bananas, they spoil after a few days or week. They have already found a place.

      Once you list it, be prepared to pre-screen. Most of my applicants inquire by email, so I have a standard email I reply with. Only after they are pre-qualified do I show it. I try to line up more than one tenant, but I will show it to a single person if that is all I have. I only show a property between 6 PM and 8 PM, and on weekends. After all, I work, and I expect most other people do too.

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