In this video, Eli discusses how to upload government IDs, as well as proof of income.
This information is an excerpt from the Landlord Gurus Ask Us Anything Free Webinar.
Transcript
Sharon from Cook, and I don’t know if that is Cook County or the Cook Islands or where. But, this is a great question, actually. It has to do with uploading government forms of ID, a copy of a government form of ID, pay stubs, bank accounts, or tax returns.
With so many people doing different gig work and having less traditional employees, where it’s a straightforward employer paycheck scenario, it really helps landlords to be able to confirm that this is the person, and then also see okay, well, I see that on this contract, they made X number of dollars. And on this one, Y, so that you can verify their income or that they have income in the bank.
So the answer to the question is, our preferred way of doing that, and you’ll hear me coming back to this, is to use a property management software tool of some kind. I’ll get more into that.
Also Read: The Best Rental Property Management Software: Product Overviews
But many of them now will allow you, and even as a matter of course, to upload ID and any documents. You can request documents. The other benefit is that those documents then get kept in the cloud and tenants can get to them too.
Another thing that goes kind of alongside this is that you can also require that tenants have renters insurance and provide proof of renters insurance.
A lot of these are our partners, or when you’re on our site or here, we will mention companies, many of whom we will get a small commission from if you go to purchase a product. We try to evaluate many of them so you have lots of options. But just full disclosure.
But, Avail and TurboTenant and RentRedi. Many of these really robust property management software, do offer this upload.
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