If you want the best tenants, you need a thorough renter screening process. Here’s what you have to do.
If you’re a landlord, the renter screening process can seem like a total hassle. After all, you just want to get someone into your home or office building so that you can start getting rent checks every month.
But that doesn’t mean you can settle for just anyone.
Instead, you’ve got to have a thorough renter screening process that follows this blueprint:
1. Focus on background verifications
This is priority #1 for a reason. After all, what good is it to check up on someone if they’ve given you a fake name or a fake Social Security number?! So, before you waste time and money doing anything else, you’ve got to get some background verifications.
How do you do it?
A professional screening company can help you do it. Yes, it will be an added expense, but it’s totally worth it!
2. Do an employee check
If your potential tenant doesn’t have a job, how on earth is he going to write you a rent check every month? It doesn’t matter how responsible he is if he doesn’t have any money coming in!
Especially now that layoffs are so common, it’s important to make sure your potential tenant actually has the job he claims to have. Luckily, an employee check can be as easy as picking up the phone and calling your potential tenant’s boss.
And while you’re at it, make sure your potential tenant is going to have his job for the foreseeable future. OK, so things can change. However, if the boss seems confident that he’s going to pay your employee for awhile, you can rest a little easier.
3. Do a tenant credit history check
OK, now that we’ve established that your potential tenant has a job and a steady paycheck, it’s time to see what he does with all of that money. By doing a tenant credit history check, you can see if your potential renter takes his financial responsibilities seriously. You’ll be able to see if he pays his bills on time and what kind of bills he has.
Analyzing a potential tenant’s credit report is the closest thing you’ll get to looking in a crystal ball during the renter screening process. After all, if your potential tenant has a history of paying everything like he’s supposed to, you can assume that he’ll be the same way with you. But if he has a history of being late with payments and getting into trouble, it’s probably a good idea to look for someone else.
Tenant Screening Services, LLC specializes in helping you find the perfect renters! Get the ball rolling by visiting www.instantbackgroundchecks
