What do you look for in a tenant when renting out your property? What are some of the essential checklist items that need to pass before you consider signing a lease?
Here is my list
- Solid credit score (700+)
- 3x monthly rent in income
- Rental history (usually done by calling previous landlords)
- No past evictions
- Genuine people
Usually, if they meet this criteria I'll sign the lease. If one of these isn't met, I'll deny the application. It's always best to wait a bit and find the right tenant, then be stuck with a headache for a year.