As a propety manager of Kansas City investment homes I’m constantly amazed at “The Tenant Bluff.” They stare you in the eye as they fill out the application. Telling you how good things are. They try to become your friend. They even give you the money to run the application through a credit report.
They’re counting on the property manager just pocketing the fee and not checking based on a good feeling. Over the years this happens more than you can imagine. I guess from the tenant point of view if you pay a few application fees you’ll eventually hit a property manager or rental home owner that will go off feelings and not credit reports. It must work. But not with me. 🙂
I can’t pick tenants at a 100% accuracy rate. No one can. After all, things can change after a tenant moves in. But you should always do your due dilligence before letting someone move in. That’s for sure.