I'm about to be in the hunt for good tenants again for 3 units again in a middling cost of living area. With COVID I'm wondering what else people are doing to filter out the high risk tenants.
How have you been vetting renters, what does your process look like?
What are "the little things" that I can do to increase my chances of getting good tenants? This is my strategy:
- Create listings with a 650+ credit score requirement, background check (NO criminal activity)
- Determine whether their job industry is at risk because of COVID
- Meet the tenant, see if I get a good character vibe from them. Also bring my sister who s a property manager and usually is a good judge of character.
^ Has relying on your judgment of character actually worked for you?
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source https://www.reddit.com/r/RealEstate/comments/hhsdrq/how_to_vet_potential_renters/
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