How We Choose the Right Tenant Thorough Tenant Screening
Years of experience have taught us that thorough screening prevents problems with rentals. Our follow up procedures allow us to weed out high-risk tenants and find the high-quality tenants.
We run credit report for all prospective rental candidates over the age of 18. We search for legal records for any evictions, judgments, or bad credit. We also check through Tele-Check for any bad check writing practices.
We require tenant verifications in writing
We verify tenant ratings with current and past landlords:
- Status and stability of residence
- Rental amount
- Type of agreement
- Late payments
- Proper notice given
- Negative comments
- We verify tenant employment and salary through current employers and pay stubs:
- Status and stability of employment
- Title/Position
- Salary
All this information is processed through our Point Scoring System using compensating factors such as:
- Credit
- Employment
- Rental History
- Income Ratio
- Debt Ratio
- Pets
- Other factors (i.e. evictions, derogatory statements,bankruptcy, foreclosure, etc.)
- Evictions are an automatic denial until judgments is paid off
All prospective tenants will qualify for a total security deposit from as low as one month rent to as high as two months rent.
Total move-in costs would consist to the total of:
- First month’s rent
- Individual scoring deposit
- Any pet deposits
For Ethiopia
We post ads to local newspaper
Contact Brokers etc
