Bright Red Flags Property Managers and Landlords Need to Watch Out For

Insufficient income.

Income that is only twice the amount of the monthly rent is barely enough, and the tenant may still end up struggling with his financial budget.

Bad credit scores. Part of the tenant screening process involves providing us with a tenant’s credit score. ● As much as possible, we should only rent to tenants with fair or excellent

credit scores.

Tenants who negotiate security deposit payments. Security deposits should never be negotiated, as this is important to help keep us financially stable if ever a tenant violates his lease.

At Rentec Direct, we have developed an online property management app that allows property managers and landlords access to tenant screening processes. We even have a free trial version of this app so you can give it a test run before purchasing your own!

www.rentecdirect.com