2 Benefits of Tenant Screening
Do you provide rental services in the San Francisco Bay area? If so, it is common to run rental background checks before you accept a tenant. Tenant screening is actually very common, and it can ensure that you get better quality renters. The following are two reasons why this initial screening is extremely beneficial.
1 – Minimize Late or Missed Rents
When you ask for rental background checks, you will be able to determine the credit history of the individual. You can also see if they have missed rent payments or been evicted. Tenants with low credit scores or previous evictions are often riskier. They are more likely to default on future rent or pay late. If you want to protect the financial health of your property, then it is a good idea to rent to qualified individuals who pass your screening.
2 – Avoid Bad Tenants
In some cases, individuals may not be a good fit for your property. Through tenant screening, you will be able to determine if they are using the right name, if they have a criminal record, and more. This information can help you select the right tenants and protect the integrity of your establishment.
It is quick and easy to screen a tenant before you sign a rental contract. In doing so, you will promote a better environment for your property and protect your finances.