Small Business Landlords
1-10 properties
Tenant Credit Report
If you are a landlord with 1-10 properties, then chances are you will want to use Experian Credit Bureau for the tenant credit report.
- No site inspection required which is an annual cost of $60.00 and your home office needs to meet certain criteria e.g.
- separate room/office in residence with locking door
- locking file cabinet for tenant files
- shredder
- password protected PC
- Tenant orders own credit report and pays for it. No points deducted from tenant score and authorization is given online.
- How fast the tenant reacts to the request for own credit report may determine how he/she will react to:
- On time rent payment
- Requests regarding property maintenance and need for immediate repair
- This is ideally the Small business option.
- Absolutely NO paperwork needed. Both you and Tenant have to answer a questionnaire online and that's it.'