Question on running credit check - Landlord Forum thread

Question on running credit check by Maloney_315 (NY) on February 8, 2010 @15:54

Hello,

My father rents a house and we are in the process of looking for news tenants. Trying to be more selective of the prospects this time out.

In running a credit/background check, what do you guys charge as a average?

Any tips would be helpful. I am very glad to have found this site.

Thanks,
Pat

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Re: Question on running credit check by OK-LL on February 8, 2010 @16:32	[ Reply ]
I charge $20 per adult applicant -- that covers the $15 for credit check and the rest goes toward my time doing the civil & criminal background checks.

Re: Question on running credit check by P-Bone in WNY (NY) on February 9, 2010 @20:55	[ Reply ]
Charge whatever you can get away with and still attract enough prospects to find a good renter. In my neighborhood, that means I can't charge anything, despite using a background check and credit check that costs me $19.95. In my neighborhood, only large apartment complexes can get away with charging application fees, very few, if any, small property owners, charge for the application at all.