|
As a landlord, you would always want to have your properties occupied all the time because that would mean additional income. However, you must also be cautious of admitting tenants into your property. Before providing a tenant access to the property, you must be able to properly screen the said tenant based on his credit rating, financial history and even criminal history (if he has any). Why? Because having the wrong tenant inside your property will certainly cause you many problems. Just take a look at the most likely scenarios to happen if you have a tenant with questionable background residing in your property. - Non-payment of rental fees
This is something like more of a habit for unscrupulous tenants to avoid payments of their rental obligations. Many times, they wait for the grace period to expire and they vanish without a trace. If that happens, then say goodbye to a prospective income for that month. - Criminal activities inside
Many landlords are clueless as to what their tenants are doing inside their property. Little do they know that some of their tenants are doing unlawful activities inside their property like setting up of drug labs. Chances are they will only find it out when they get the notice from the police to search their house. While the first scenario is really deplorable, the second scenario is embarrassing and even worse. The third scenario, however, is the worst of all. Bad tenants can damage a portion or even the whole property and it is very heartbreaking when you see your house is on fire or damaged. It would take a huge amount of money to repair or build another one. Also, the time lost cannot be recovered anymore. Certainly, you would not want to experience those bad things. So to avoid them, it is very important to conduct a thorough tenant screening on all tenants. A good tenant screening procedure covers credit report, criminal history, SSN validation, bankruptcies, liens, judgments and many more. So you would not regret in the future, better screen your tenants ahead of time. To do that, contact Rentec Direct at (800) 881-5139
or log on to http://www.rentecdirect.com/details/tenant_screening.php
Related Articles -
Tenant, screening,
| 
