This article covers the importance of conducting a landlord tenant credit check. You should always do your homework on a new potential tenant. Afterall, you’ve probably done a mountain of due dilligence upon purchasing your rental property so why stop now? The end result could be disasterous if left to chance. Wouldn’t you want to know if the smooth-talking, nicely-dressed, soft-spoken individual who is asking about your property has declared bankruptcy 6 months ago and had ther automobile repossessed last month and their credit score is an impressive 590?!? I would. That’s why I always conduct a thorough credit check. It is a good idea to also do a criminal background check on the same invidual and anyone planning on moving in with them if you are worried about harboring fugitives and sex offenders.
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