Unfortunately, many inexperienced landlords and property managers have learned through critical mistakes the importance of carefully screening tenants. If you’re going to own rental properties as an investor, you’ll learn you have the potential to lose a lot of money with missed or late payments and an eviction process. The best way to avoid this is to qualify your potential tenants ahead of accepting them as renters. In this video, Rent Perfect President, David Pickron, shares why it’s important to dig through the “BS” meaning the bank statements of your applicants, to get a full picture of their financial history and ability.
Remember that RentPerfect is a preferred provider here at MAREI and at National REIA.