Problems with tenants is a part of the rental property business, but the headaches can be reduced with proper tenant screening.
Our property management team provides you with plenty information for you to make an informed decision prior to renting your rental investment property to a tenant. This can include a credit check, criminal background check, personal references and prior landlord references, and employment verification.
Of course, as the landlord, you have control as to what requests we place upon the prospective tenants. Some landlords just want to their property rented and take chances with tenants, and some want a more in-depth tenant screening.
What kind of information can you gather from an proper tenant screening?
Credit Check – A credit check will show the tenants past ability to make payments on their debts, their current liabilities, and if they have any prior evictions.
Criminal Background check – Most background checks will show if the prospective tenant has any prior criminal convictions and what what crimes they committed.
References – We all know personal references are hardly ever going to say anything bad about the person, but that is not what we are looking at, but more-so the friends this tenant has.
References from prior landlord – This might be the most important reference available. There are many questions that the previous landlord can not answer, but the most important one is whether that landlord would rent to this tenant again. Basically we want to know if the tenant cause any damage to the property and whether they paid on time.
Our team of rental property management professionals can help you with you manage and be successful with your real estate investments.
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