Tenant screening will be very useful to protect the housing units that you have invested to gain more profits. It will identify the background of your possible tenant since one of the major problems with this kind of business is when you get bad occupants who cannot pay their rental fees on time and usually lead the worth of your property to devalue.
Here’s How to get Good occupants using Tenant Screening:
- Primarily, make a simple application form and give it to your possible renter. Before you create your own application form, make sure that all relevant information are all present including the renter’s complete name, former address ( including street name, city and state), contact number, social security number, present job( including company’s name and address) and references( wherein you can ask series of questions for the identification of the renter).
- After the application form, you need to verify all the details stated by the possible occupant. You can ask his current employer about his status on his job or if the information stated on the application are all correct. You may verify his salary rate to prove his capacity to pay the rental fee or better yet go conduct a tenant screening.
Conduct a credit check. Most renters use their credit cards for their payments. You need to be sure that he has a good credit score if you allow him to use his credit cards. By using the social security number, you can verify credit ratings. If the occupant refused to provide the social security number, then there will be something to get worried about. You can also do the credit check through online, however there will be a minimal fee for the services but on the other hand, the procedure will be very easy for you.- Ask the present landlord. One of the best options that you can do to make sure everything will be fine when you accept the occupant is to contact his current landlord. You can ask important details including the information that he claimed on the application form, his behavior and the reason why he left the housing unit. You can also inquire if he is a good payer.
With all these procedures, you will be able to save your property and prevent from headaches and problems related with bad tenants.
For more information about tenant screening, you can check it with thewww.intelifi.com/services/tenant-screening/.
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