7 Tips for Tenant Screening

Talk to the Tenant

Most property owners only communicate through the phone, but nothing compares to a face-to-face meeting. Interacting with a prospective tenant in person gives you a general idea of how they dress, act, and conduct themselves. A lot can be determined by the information collected, reflecting how they'll treat your property. If your schedule doesn't allow you to meet with tenants, a property management company can handle everything and ensure you get good tenants.

Credit Report

As a rental property owner, the last thing you want is delayed rent payment. A credit report reveals if they are accustomed to paying rent on time and their level of responsibility. This can be overwhelming for most people, so working with a reputable and reliable property management expert is crucial. Asking interested applicants to present their credit reports gives you an insight into their expenditure, allowing you to make an informed decision regarding their tenancy.

Verify Employment and Income

A common mistake made by property owners is taking prospective tenants by their word and failing to double-check. Property management companies leverage cutting-edge technology to conduct an in-depth check on all prospects before signing the lease. Verification is vital before leasing and involves calling their workplace and asking them to present payment stubs to ensure they can afford to pay rent.

Criminal History

While a criminal background is not reason enough to refuse an individual tenancy, you need to dive deeper and check if they have any pending warrants and charges. Tenants with a criminal history can be bad for business, and that's why 3 Options Realty ensures you have all the details, including what they were charged with.

Conduct an Internet Search

This is a simple but effective solution when it comes to tenant screening. Type the tenant's name on any popular search engine to see what comes up. Although most people don't have a lot of online information, an online search goes a long way in ensuring you cover all the bases.

Background Checks

You can hire a property management company to conduct comprehensive background checks and provide guidance before a tenant signs a lease. The main benefit of onboarding a professional company is to alleviate the hassle of conducting tenant screening by yourself and ensure you are getting a significant return on investment (ROI).

Verify Who Lives at Your Property

Selecting the right tenant goes a long way in ensuring you have the right people in your rental property. At 3 Options Realty, we can ensure that a prospective tenant is protected from any treachery and that only the applicants live in the property. Contact us today and schedule an appointment with our team of experts and enjoy exceptional property management services.