Tips When Doing a Landlord Credit Report on a Tenant

If you are a landlord, chances are that you know about landlord credit report companies.  Here are some tips that you can use for background checks for landlords that will help you with potential tenants.

  • Run credit checks on all possible tenants, not simply those that give you a bad feeling.
  • You have to have your prospective tenant’s consent in writing for running your credit check.
  • You’ll need to get approved by a company that does tenant screening in order to do credit checks upon your prospective tenants
  • Screen all of the applicants the same way so you’re not accused of being discriminatory.
  • If you won’t rent to a person who has bad credit, it’s required that you send to send them a letter that tells them so.
  • It’s important to get everything in writing and signed for protecting yourself.
  • Keep credit reports and documents in a place that’s secure so that if a tenant attempts to sue you for discrimination you are able to pull them out and back up the position you have.

If you want to know more about how to get a tenant screening report, one of the places that you can go to find this information. The company has been helping landlords and others with doing the background checks on thousands of people each year.  They have a lot of information at their website that is really useful for knowing what to do and how to do it.