Why a Good Tenant Screening Report is So Important in St. Louis, MO

Your experience as a landlord will usually depend on the type of tenant you place ...

Your experience as a landlord will usually depend on the type of tenant you place in your property. A good tenant will bring consistent rental income, and a bad tenant will only increase your risk of late rental payments and property damage. At Select Leasing & Management, we have a detailed and comprehensive screening process that every applicant must go through before renting one of our properties. Today, we’re sharing some of the most important elements of tenant screening.

Once we receive a tenant application, we begin the screening process. We use two out of the three major credit bureaus to run a background check. We screen for common convictions and prior evictions. This is important because you don’t want a tenant in your house who has prior evictions.

We also screen for credit scores. You need to know what kind of credit a tenant has so you can make decisions about how much of a security deposit you will collect. Deposits should depend on a tenant’s financial behavior in the past.