Did you know that about 10% of tenants tell the truth about their income? That is definitely some shocking information… but with proper screening, we can cut down that percentage drastically.
If you are looking to rent out a property that you own to a potential tenant (hopefully an honest one) you will need to be able to verify their source of income and employment so you can trust that they will be able to pay you the agreed-upon rent amount consistently.
And not only do you want a tenant to be honest — you want them to be able to afford rent. So how can you ensure that they will be a responsible and reliable tenant? By verifying their employment status. And luckily enough, employment verification is easier to accomplish than you might think.
Request an employment verification form
The first step in starting your tenant/renter employment verification process should be to request an employment verification form from the potential renter themselves. This can be done by either calling the applicant or sending them an email.
It should be easy enough for them to fill out and only takes a few minutes of their time, but it will ask for information like their full name, current address, social security number, and position or title they hold at their current place of employment (if applicable), salary range, or rate of pay per hour/week/month, etc., and whether they have any criminal convictions on record with the FBI or another law enforcement agency.
You can also take an additional step in this process if you feel you need just a bit more concrete verification of their employment status. Take the initiative to call their listed place of employment and ask the HR department if they can confirm for you that your potential
Are you feeling a bit bored at work? Are you missing the growth and challenge you felt when you first started your role? If you have been in the same role or industry for a while, these surges of lethargy are completely understandable. Your connection with your work is similar to your personal relationships. Both require energy to keep the relationship exciting and stimulating. How can you fall back in love with your job and your work? Lead with curiosity to invigorate what excites you most.
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