Tenant credit score help!

[Jessica Schonter]

So we are I the process of screening tenants and some if it is mind boggling. What is a good credit score for a possible renter. Tenants have sent over their applications through Zillow is this an accurate score? This is our first property and I just want to make sure we get a good paying tenant. What are red flags you look for. What if you have two names on the report do you average the scores? Ahhhb frustrated.

[Nathan Gesner]

@Jessica Schonter learning to properly screen is important. Why is credit risky? Because it demonstrates financial irresponsibility (usually). This means there's a risk they won't pay rent or they at least won't pay it on time. So your job is to figure out how to mitigate that risk, if possible.

Credit is just one factor I consider. If everything else looked good, I would probably charge them a double or triple deposit as a safety net. With their income it shouldn't be difficult to afford.