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Updated over 1 year ago on . Most recent reply

Chance Schrettenbrunner's profile image
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Chance Schrettenbrunner
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Chance Schrettenbrunner
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Chance Schrettenbrunner
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Medium-Term Rentals

Tenant Screening Questions

Chance Schrettenbrunner
Posted

Hi all! So I have renovated, got professional pictures, and now am ready to rent out my first medium term unit! But I am stuck on the screening process. Is the 3 times the rent still a rule of thumb for this like it is for LTR? Also, what do you look for in credit score. And if they go through air bnb do you guys still require a lease? Thank you in advance! Wouldn’t be here without this community 

Indianapolis, Indiana
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Christian Ehlers's profile image
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Christian Ehlers
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  • from NH & MA
  • Member since Jan 2, 2021
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Christian Ehlers
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  • from NH & MA
  • Member since Jan 2, 2021
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Christian Ehlers
  • Real Estate Agent
  • NH & MA
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Christian Ehlers
  • Real Estate Agent
  • NH & MA
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Definitely use a lease if you are renting for 30+ days so that you have clear expectations with the renter as well as the proper paperwork needed to evict them if needed. 

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