Blog RSS

HOW TO QUALIFY A TENANT FOR LEASE

 

When you are checking out an prospective leasing tenant what are the best ways to look for a good candidate? Below are a few tips to look for when reviewing the leasing application.

                       

A candidate tenant's application must not contain any false information.

The candidate tenant must meet the requirements stated on the application.

The landlord can consider such things as whether the tenant has verifiable income sufficient to pay the rent on time.

Look at candidate tenant's credit history to show that he pays his debts on time

Also look at the debt obligation on the credit report and judge whether the candidate's debt-to-income ratio is acceptable.

Look at the Candidate for a record of evictions, liens, or judgments.

 

Here are a few tips in order to qualify a prospective leasing candidate. Please feel free to add in the comments some addition pointers!

 

 

Please visit our website www.palmelite.com