Tenate vetting process

[Ducote Kiernan]

How would you recommend vetting tenants? What about turbo tenant? Also is it Norman to charge for an application fee to do the background/credit check?

[Brett Baginski]

Hi Ducote,

Read both of these articles in the link below.  It provides step by step processes for renting out your place and screening tenants.  Answered all of my questions when I was screening tenants for the first time.  To answer your question directly, I always charged an application fee when I was going to process the background/credit check.  I used rentprep.com and charged the $35 that the checks cost.  I also told the tenants upfront what my renting criteria was and that there was a fee, and that weeded out many applicants that would not qualify.  I had over 50 people ask me about the property I listed and only 2 went through the entire screening process. 

https://www.biggerpockets.com/forums/52/topics/82174-ultimate-guide-to-tenant-screening-and-renting-your-house