One of the most challenging parts of becoming a landlord is finding responsible tenants to occupy your property. Some tenants can be troublesome and cause you headaches. Some will miss or delay rent payments, while others could damage your property.
If that isn’t enough, evicting bad tenants can be costly and time consuming. This is why it’s essential to put in place a reliable tenant screening process before becoming a landlord.
In 2020 alone the number of fraudulent tenant applications increased by over 30%. Actual cases of fraud incidents rose by 50%.
However, for every bad tenant, there is a multitude of terrific tenants. [Read more…] about Tenant Screening: How To Identify Terrific Tenants (& Avoid Trouble Ones)