Top Tips for Screening Tenants: 5 Dos & Don'ts
Have you ever had a bad roommate?
Most of us have at least once. Maybe it was that college buddy you let move in, only to discover that he and his girlfriend are attached at the hip.
Two roommates for the rent of one! It’s not fun, and feelings can be hurt.
But when you’re the landlord, and you get a bad tenant, they can hurt far more than feelings. It can lead to lawsuits, loss of income, property damage, you name it.
Whether you’re a landlord renting four units or 40, you've got to protect yourself against the risk of an undesirable renter.
The Importance of Tenant Screening
The importance of tenant screening isn’t exactly breaking news. As the owner of the property, you’ve got to protect your investment. A solid screening is an excellent way to do that.
But screening and how to do it right can be a slippery slope. You have every right to choose who you rent your property to. But, you also have to be careful that you aren’t using discriminatory tactics during the screening the process.