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Podcast: Real Estate Investing with House Money
Episode: 39) How to Screen for the Perfect Tenant & YIMBYs
Description: House Money Weekly In this weekβs House Money Weekly segment, Lauren and Alan bring back their special guest, James, from Rethink the Rat Race. They discuss blog 137, How to screen for the perfect tenant. Screening for tenants is very important and it will save you headaches in the future. The first step is to create clear rental guidelines youβre comfortable with and stick to them, for example: 1) monthly earnings must be 2.5 or 3 times rental amount, 2) no evictions, and 3) credit score. James clearly lays out his criteria in a form so that people self-screen and therefore ofte...