4 Cash Flow Killers To Your Investment
Your No. 1 priority for a profitable rental investment is finding good tenants. Make sure you or your property manager properly screen future renters by accessing quality tenant screening reports. Do not rely on your gut or a story from a "nice-looking” renter. Check verifiable reports to get an honest picture of your future tenant.
Landlords and property managers can legally review a renter’s credit report, eviction history and criminal background with the rental applicant’s permission. A tenant screening package for all these reports generally cost between $20-$30, which can be paid for by the tenant with a rental application fee.