General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Background verification for roommates rental
I have a place that rent out to room mates. The question I have is there a no cost or low cost options to verify identity/background of people I rent out.
What information i should collect from them. Is it enough to get a copy of the license alone. I don't collect any background verification fee.
Should I do leases for these room mates or verbal lease which means it is a month to month.
Most Popular Reply

Was a time I rented a master bedroom and the best thing I did was a full background check. The report came back with a rap sheet of 8-10 misdemeanors including theft. A roommate will have the keys so everything you own is 'up for grabs'.
DUH!