Background Checks Resource

You have just purchased your first foreclosure to rent out and are trying to decide what to do next. Well what I always do is put a for rent sign out in the front yard, put a for rent ad in the local newspaper and if it is avaliable in your area you can put a free ad on craigslist.  You will want to have your potential tenant to fill out and sign a rental application form this form gives you permission to perform a couple of different tenant backgroundchecks one of these background checks will always be a tenant credit check. I refer to rentlaw.com if I ever have any tenant-landlord questions. To save yourself a lot of problems it is a good idea to look over the rental application to make sure the form is filled out completely, is legible and signed by all parties. That way  you won’t have to go back to clarify the information later.