Do some research on different tenant screening companies. There are many to choose from. Be aware that prices can range from $15 for a very basic screening to upwards of $75! I have tried several. Lately I have been using http://www.houserie.com. Their top of the line package has everything I need for only $29.99.Results are quick and their customer service is great! Your report is usually ready within an hour. It cannot get any easier.
So far so good with this company...
If you just want to check credit you can use http://www.experian.com/screening-services/tenant-screening.html
But before you actually send them anyone, you need to ask yourself whether this is a quality tenant.... because you're the person who actually met them and talked to them, and your instinct may provide more guidance than just what's on the paper.
I feel that actually reading the application (together with above docs) helps to get a good feeling for
how the tenant is going to pay.
Recently, my client (the landlord) wanted to rent her condo. The credit report for the prospective clients came underdeveloped and bad (which is pretty common in FL).
The application told us a story of a construction professional who, like many Floridians, suffered after the building boom collapsed. When he was unemployed, he was unable to pay his credit cards.
Once he found a job, about 2 years ago, he always paid on time.
My client decided to give this young person a chance. He pays on the 1st of every month!
We did talk to him about what happened before the decision to go ahead.
Another story: Perfect credit score. Great application. Routine background check is done by the condo association. Surprise! - The person has had a serious criminal problem in the past. Well, people do make mistakes, and the crime/punishment took place a long time ago...However, to be diligent, the landlord decided to call the prospective tenant's employer. The person didn't even work at the place he said he did. One of the red flags is when someone has to move in quickly, by the way.
So, make sure and check all of the above, and talk to your prospective tenants - or their agent,
at least, to get a sense of what they will be like once they rent out from you.
Best of luck in finding a great tenant!
Beachfront Realty, Inc.
Overall, there are 4 main ways to screen a tenant.
1. Credit report
2. Criminal history
3. Eviction report
4. Employment / income verification
Most tenant screening providers do 1, 2 and 3, because they are easy and scalable (just pull data from a national / state database). At Tenantify, we think employment / income verification is especially critical to assess tenant's ability to pay monthly rent. We have figured out a way to verify employment / income at scale and can deliver result within 1 business day.
Check it out at http://tenantify.com
Please provide us with a contact number. Call us with any questions.
Lawrence Soto, Broker
Global Trust Realty, LLC.
11060 N. Kendall Drive, Suite 10
Miami, FL 33176
Office: 800.613.6844 ext 1