So, you've called all their references and your tenants
still sound good. The next step is to check them on the NTD (National Tenancy
Database). An NTD search looks for:
- If
they have ever been a 'bad tenant' for someone else.
Owners and agents can list tenants who have previously left
a property with money still owing after the bond has been used. For example, if
the tenant left a property that had a cleaning bill that was more than the bond
and refused to pay the extra amount, they could be listed on the NTD.
If the person has declared bankruptcy in the last seven
years, it will show up on the report. This is a good way to find out their past
financial history.
A full tenant check through the NTD also verifies their ID
against 20 other databases, so a fake ID is likely to show up.
- Court
orders and judgments
If the tenants have any court orders or judgments against
them, the NTD will pick them up.
The one problem with the NTD is that it is only available
for real estate agents to use. However, with a service like RealRenta you can
do a tenant check anytime you'd like. A search costs $25, but the peace of mind
is priceless.
RealRenta has all the tools that a property manager has but for less
than ¼ the cost of a property manager.
You can now manage your Residential,
Commercial or share/student accommodation property
Join now and the cost is less than a cup of coffee a week to manage your
rental property.
RealRenta also has a free vision, so why not check it out.
Jason Gwerder
Wednesday, 11 September 2024
