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Discussions relating to property rental
2012/01/27 04:26:33 PM

Twiggz
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
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2012/01/27 07:30:21 PM

Marc Lunau
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
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2012/01/30 03:47:37 PM

Twiggz
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?
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