References Checking
I just retired from Property Management of 30 years in Maine. In those years, I never lost a months rent. I managed multiple properties for local landlords as well as for my own rental properties. One thing I did to prevent losses was to screen each prospective renter. I called 3 past landlord references and 3 personal references and checked their credit score every time I rented to someone. This system worked very well. Most people with a credit score of over 750 are very responsible with their finances and paying on whatever they obligate to. I also did not rent to people who could not afford to pay the rent. It does not matter where the money comes from, disability, SS or a pension, no need to discriminate! If they don't have a solid income, enough to pay rent and live comfortable on their monthly income, don't rent to them. That isn't discrimination. I was very surprised, as now a renter in The Villages, neither Landlord I rented from this winter checked my references, asked for a credit score or what my retirement income was. I always asked those questions and if someone reacted offended and unwilling to share, then I believe they have something to hide. I also, like others who have replied to this post will recommend not wasting time and money in court. I would spend my time and due diligence in the beginning of the Tenant/Landlord relationship with screening applicants very carefully and choosing the one who is the most qualified applicant. Being a good responsive landlord is also KEY to finding a good Tenant. I expect to be interviewed as a renter and I also interview my Landlord to make sure we are a good match! Good Luck going forward, I always believed, the minute I lose sleep over being a landlord is when I get out. 30 years later and I retired because I wanted to, not because it was unpleasant. Proper Screening for a good Tenant and being the best Landlord you can be is a means for success. Last but not least, sorry for any financial loss on this one and better luck next time!
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