When it comes time to rent out your property, doing a thorough applicant screening is an absolute must. As a result, you might turn to professional tenant screening services to handle the work for you.
But that’s only a good idea if your services come with these 3 things:
1. A Social Security number verification
The last thing you want is to think that you’re getting a responsible tenant — only to find out later that they used a fake Social Security number to get past your background check! That’s why it’s so important to make sure that you get a Social Security number verification on every applicant screening that you do.
2. An extensive look at your potential tenant’s credit reports
When you rent out your property, you’re putting faith in your tenant to actually pay his rent — and pay it on time. If your potential tenant has a problem with paying his bills, you need to know about it. After all, if he misses a payment, you could wind up in foreclosure!
Even if you don’t wind up in a financial mess, you could wind up in a logistical mess if your tenant doesn’t pay you. After all, who wants to deal with phone calls, threatening letters, and eviction proceedings? The higher your turnover rate, the more time you’re going to have to spend looking for new tenants!
Since you don’t want to have to put yourself at any more risk than necessary, good tenant screening services will come with a thorough analysis of your potential tenant’s credit reports. That way, you can see just how responsible this person really is, how he handles his finances, and whether he has a ton of other debts that could affect his ability to pay you.
3. Quick turnaround time
The longer your house or office space sits empty, the more money you’re losing. However, that doesn’t give you an excuse to cut corners and rent your property to the first Tom, Dick, or Harry that walks by. Instead, you need professional tenant screening services that can be done quickly!
And, remember, you’re not the only one in a hurry. Your potential tenant is looking for a place to live or work, so he needs to know what the results of his applicant screening are ASAP. If he fails, he’s going to have to keep looking. Or, if he’s a good tenant, he might hear from another property first — and you’ll be out of luck!
Tenant Screening Services, LLC is committed to helping you find the very best tenants. Visit them today at www.instantbackgroundchecks.us!
