Discussions relating to property rental
2012/01/27 04:26:33 PM
 Twiggz Posts: 2
|
Hello All TPN'ers!
I am new to property ownership and leasing so I have a question about TPN Credit Bureau before I sign up.
Once I've found a tenant for my property and want to do a credit check on them, what process do I follow? How do I get permission from the tenant to do this check and what details do I get from the checks? Do I get criminal history plus their payment records ect?
I'm very excited about this service, looking great, well done! edited by Twiggz on 2012/01/27
|
|
• permalink
|
2012/01/27 07:30:21 PM
 Marc Lunau Posts: 175
|
You ask for permission on the application form to perform credit and back ground checks.
You need full name and ID number (always get a copy of the ID) and current address (no PO Box)
You can even ask if applicant was ever convicted of a crime.
-- Investor and Property Manager with value add solutions
www.houses4rent.co.za
|
|
• permalink
|
2012/01/30 03:47:37 PM
 Twiggz Posts: 2
|
Hey Marcl,
Thanks for the reply.
I've got another question about updating the tenants credit record when a payment is made. Is this a manual process every month when they make payment and what if you don't update it every month?
|
|
• permalink
|