6 Things Every Landlord Should Do With Tenant Background & Credit Checks

6 Things Every Landlord Should Do With Tenant Background & Credit Checks

1 min read
Brandon Turner

Brandon Turner is an active real estate investor, entrepreneur, writer, and podcaster. He is a nationally recognized leader in the real estate education space and has taught millions of people how to find, finance, and manage real estate investments.

Brandon began buying rental properties and flipping houses at the age of 21. He started with a single family home, where he rented out the bedrooms, but quickly moved on to a duplex, where he lived in half and rented out the other half.

From there, Brandon began buying both single family and multifamily rental properties, as well as fix and flipping single family homes in Washington state. Later, he expanded to larger apartments and mobile home parks across the country.

Today, Brandon is the managing member at Open Door Capital, where he raises money to purchase and turn around large mobile home parks and apartment complexes. He owns nearly 300 units across four states.

In addition to real estate investing experience, Brandon is also a best-selling author, having published four full-length non-fiction books, two e-books, and two personal development daily success journals. He has sold more than 400,000 books worldwide. His top-selling title, The Book on Rental Property Investing, is consistently ranked in the top 50 of all business books in the world on Amazon.com, having also garnered nearly 700 five-star reviews on the Amazon platform.

In addition to books, Brandon also publishes regular audio and video content that reaches millions each year. His videos on YouTube have been watched cumulatively more than 10,000,000 times, and the podcast he hosts weekly, the BiggerPockets Podcast, is the top-ranked real estate podcast in the world, with more than 75,000,000 downloads over 350 unique episodes. The show also has over 10,000 five-star reviews in iTunes and is consistently in the top 10 of all business podcasts on iTunes.

A life-long adventurer, Brandon (along with Heather and daughter Rosie and son Wilder) spends his time surfing, snorkeling, hiking, and swimming in the ocean near his home in Maui, Hawaii.

Brandon’s writing has been featured on Forbes.com, Entrepreneur.com, FoxNews.com, Money Magazine, and numerous other publications across the web and in print media.

Instagram @beardybrandon
Open Door Capital

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After you have the results from your background and credit check, you need to decide what exactly to do with that information.

6 Things You Should Do With Tenant Background & Credit Checks

1. Confirm they are who they say.

If they are listed as deceased or the Social Security number pulls up another individual’s name, you can probably say bye-bye.

2. Confirm the addresses on their background check coincide with the ones they listed on their application.

If there are any discrepancies, you will want to make a note of that and ask the applicant about the addresses in question. Most likely the response will be something like, “Oh, I forgot.” It is especially important to talk to the landlords the applicant tried to hide from you.


Related: Should Landlords Run Background Checks on Prospective Tenants?

3. Look for any criminal convictions.

If there are any, you will need to decide if that criminal conviction makes the tenant a less likely candidate.

4. Look for any evictions.

5. Look for any judgments or liens.

If the tenant has a judgment on their background check and you will be denying them because of it, one way to respond to the applicant is by putting the ball in their court. “Hey John, your background check revealed a judgment owed to Property USA, LLC in the amount of $4,200. What can you tell me about that?” Likely, they’ll give you an excuse of some kind, but don’t buy into it. Instead, ask them to have the company in question get in touch with you, but you will need to put their application on hold until you hear from them. Don’t worry, you never will.


Related: Are You OVER-Screening Tenants? How Background Checks & Credit Scores Can Fail

6. Finally, make sure they meet your credit requirement.

If the applicant meets your minimum standards for qualification in their background and credit check, you can move forward with the next step of processing the application by getting rental references.

[This article is an excerpt from Brandon Turner’s The Book on Managing Rental Properties.]

Landlords: Do you verify anything else when it comes to tenant background and credit checks?

Leave your comments below!

After you have the results from your background and credit check, you need to decide what exactly to do with that information.