Have you ever had to deflect complaints about tenants? Have you ever had to evict a tenant for nonpayment, or worse, had a tenant skip out on you?
While it is true that there are no guarantees in how people might behave, nor how they might maintain solvent financial status, choosing whom to rent is an important decision. Filling a vacancy should, like any sound business decision, require more information than a surface meeting with the potential tenant.
Once you have the tenant’s permission and s/he has filled out an application, use an agency like Data Screening to receive accurate information and scoring on which to base your rental decision. Whether you are a landlord, property manager or real estate professional, you can receive various screening information about tenant applicants, including:
Tenant background checks with the current and previous landlords. This criterion reveals tenants who pay rent on time, as well as high-risk tenants who don’t. Validate these factors before further consideration.
Applicant credit checks reveal credit scores and bankruptcies, collections, and judgments, which help identify the applicant’s risk for paying late. They may also indicate whether a cosigner might be required.
Criminal searches show if an applicant has a criminal record. This information can prevent a perception of discrimination and minimize rental income loss.
Eviction searches show evidence of tenant evictions as well as reports of income loss.
Screening and background checks provide useful information to aid decision making and ensure your return on investment. Using a professional screening agency like Data Screening will produce fast, accurate information that meets legalities and confirms you can make a wise decision.
About DataScreeening.com
Data Screening is a Certified Women’s Business Enterprise that has offered business-to-business employment and tenant screenings to human resource professionals and business owners, including staffing companies, for two decades. Among other organizations, they are members of the New Jersey Staffing Alliance, the Society for Human Resource Management and the National Association of Professional Background Screeners. How may we help you today?