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Updated about 8 years ago on . Most recent reply

User Stats

29
Posts
7
Votes
Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
7
Votes |
29
Posts

Minimum Requirements to pass Screening

Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
Posted

What are your minimum requirements set for an applicant to pass when screening possible tenants?  Such as credit score, verifiable income compared to rent amount, clean background, etc. 

Thanks,

Luke Jackson

Most Popular Reply

User Stats

2,418
Posts
1,115
Votes
Michele Fischer
  • Rental Property Investor
  • Seattle, WA
1,115
Votes |
2,418
Posts
Michele Fischer
  • Rental Property Investor
  • Seattle, WA
Replied

Since we do not charge the screening fee we take a bit more liberty in keeping our criteria generic.  We require 2X income, no evictions, and no level 2 or 3 sex offenders.  The rest is based on our point system.

Our Criteria:

We do not deny housing for race, color, religion, sex, national origin, handicap, sexual orientation, marital status, or familial status.

We do deny housing to individuals:

  • when the application is not complete or accurate
  • where there is not sufficient income/resources to pay rent and live
  • where there is poor prior tenancy: evictions, violations, damage to rental property, poorly handled move outs, amounts are still owing to landlords or utilities.

Criminal activity is at our discretion depending on severity, number of convictions, and how long ago.

  • Michele Fischer
  • Podcast Guest on Show #79
  • Loading replies...