An applicant’s level of income is a fundamental factor in their screening process as it proves their ability to afford rent. Many employers will not verify income so the paystub and bank or tax statement statements are vital to our process.

Traditionally, a cosigner has been used when an applicant does not have established credit and/or rental history. Some landlords allow a cosigner is used for someone who has very low income. Rarely is a cosigner used to cover negative rental and/or negative credit.

As many of our clients who own and manage property within the city of Portland know, there is a new policy being proposed that would limit the ways landlords can use criteria such as criminal history, income, and previous negative rental history as a means to deny applicants.

In the business of tenant screening not many things are more important than security. A lot of information is shared when someone applies for a property and keeping that information secure is a top priority.

This is a continuation of our list from last month of tips for making sure your applications get done a fast as possible. While this list is not a guarantee of expediency, it will save you, your applicant and your screening company plenty of wasted time.

In the landlords’ market that Portland has become, finding applicants is not as time consuming a process it has been. Now, the pressure is on the screening process to quickly determine if your applicants will be good renters.

Applicants will lie; it’s just a thing they do. Whether big or small, there are bound to be a few on each application you accept. They lie about their criminal history, their residence history, their income and their credit. But why?

If you are investing in property, then you should likewise invest time in learning how to attract the best tenants. Below are some tips that may help you increase your investment rental property income by $600 or more a year, while also saving you time and aggravation.