4 Good Bkgrd Checks - How To Choose Tenant?

So, you show a prop to four people, and you get four good applications and four good credit/background checks.

How do you make a clear, legal tenant choice?

Help!

MC
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Comments(10)

  • ray_higdon7th August, 2005

    Legally you have to pick the first qualified person/people. So if all 4 are equally qualified, pick the one received first.
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  • Konte9th August, 2005

    There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
    Less wear and tear with less people and use of utilities is you pay for any of them.

  • d_random9th August, 2005

    ray_higdon is correct. You must accept the first tenant that passes your qualifications. If you do not you might set yourself up for a HUD investigation.


    Quote:
    On 2005-08-09 20:30, Konte wrote:
    There is no law that says you have to rent to the first applicant however it is the nice thing to do. When I take more than one application for the same property I make sure to tell then that they are applications pending for approval. You should choose the applicants that have less numbers of persons to move in and longer employment record.
    Less wear and tear with less people and use of utilities is you pay for any of them.

  • YNKM25th December, 2005

    Verify employment, income, called the previous landlord, and find out why they are moving, basically be like a bank.

  • jimandlacy26th December, 2005

    As long as you apply SAME set of criteria to everyone and you do not discriminate against a federally or state protected class, you can rent to the first or last applicant.

    Jim

  • demolady17th February, 2006

    I have been using www.citicredit.com/tenant screening
    You get their credit report, score and all the other reports that you want for various fees. So far I have had good luck

  • IBuyHousesInc8th February, 2006

    You wont hit your thumb when hammering if you hold it with both hands...

    most people look better with clothes on....

    The dumbest person is the one who knows everything...

    You can marry more money in five minutes than you can earn in a lifetime...

    The problems you have today will be distant memories in a year.

    There is enough time to rest once you’re dead...
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  • IBuyHousesInc8th February, 2006

    And Jim for that matter, a way NOT to be held responsible for non performance.....

    how we get here anyway? I thought the topic was something different....

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  • jimandlacy8th February, 2006

    Thanks Mike,

    Back on track...

    Rules of Real Estate...

    As my father used to say, "Never buy a mule at night!"

    Jim

  • IBuyHousesInc9th February, 2006

    And I thought an Ollie was a beer....

    Dang it....
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