Important Background Checks to Do Before Approving New Tenant
Renting out your property demands that you conduct a careful screening of the tenants you’re about to sign up with. It ensures that you are renting your property to the right person. Checking into a potential tenant’s background reveals probable concerns or clear any doubts you may have. It reduces the risk of evicting the tenant or recovering costly repairs and fixes after they leave the property. With a prospective tenant’s background information at hand, you’re able to make informed decisions to allow this person/family to rent your property. At Real Property Management, we ensure that all tenants are screened through the right filters and channels before we consider them for your property. If you’re looking for such help, you can get in touch with our property management team in Braintree from our professionals operating in the area.
Following are some means of gathering information that will help you to find the best tenants for your property. Every means is coupled with important question and pointers that should be asked and/or considered when screening tenants:
Require potential tenants to complete a rental application. This application will provide you with all the necessary information to conduct a thorough and complete background check. Our property management services offer effective solutions for managing any and all tasks related to tenants and property. The rental application should ask:
- Applicant’s full name, social security number, date of birth, contact information, and driver’s license number and state of issue. Also, take a copy of the license.
- Information about the address (current and previous), dates of residence, along with contact information for current and former landlords.
- Present income, dates of current and past employment, the names and contact information of current and former employers.
- Banking and credit references for a credit check.
- The contact information of three personal references.
Interview the Applicant in Person
This step is important as it will be the best way to personally interact with the person/family you are going to give your property to. You need to make sure that they are friendly and respectful towards you and other tenants as well as comfortable with you as tenants. During the interview ask the following questions:
- Reason for moving?
- Do they have any pets?
- Do they smoke? Indoors or outside?
- Any other person who might be living with them now or in the future?
- Do they have any friends or relatives who frequently stay over?
- What is their typical workday like? Do they work nights?
- Can they pay the first month’s rent and security deposit before moving in?
Check Records from a Verified Tenant Screening Company
This step will help you to scrutinize things that include criminal record, eviction record, credit score, the possibility of he or she damaging property and whether they paid rent on time. This will assist you in honest rules-abiding tenants. Get in touch with our professionals to get property management in Taunton MA and other areas on Cape Cod.
Contact Applicant’s Employer
Verify employment and income information given by the applicant. This will help you to determine if the potential tenant is able to pay the rent at all and on time. Ask the following things:
- Is the person employed by you, and for what length of time?
- Does he/she earn a fixed salary?
- Do they have a full-time or a part-time job?
- Person Current Wage
Contact the Applicant’s Previous Landlords
This is another chance to clear all reservations held against an applicant. The previous landlords can tell you about their personal behavior and character, as a tenant. Inquire about:
- When and how long did the person rent property from you?
- Did they pay rent on time?
- Did they break the lease agreement in any way?
- Did they cause any property damage?
- Were there any complaints from other tenants or neighbors?
- Why did the lease end?
- Would you rent to this person again?
Contact Applicant’s Personal References
Even though the friends and family will likely be biased in favor of the applicant, but they also will have known him/her for many years and will give you an insight on what sort of a person they are. Ask these references:
- How long have they known the applicant?
- Do they deem the person reliable?
- Do they recommend this person as a good tenant?
Once you’ve gone through these, we are sure that you will be able to find the best tenant possible, for your property. However, keep in mind that according to the Fair House Act, you cannot refuse to rent to any person based on national origin, race, color, disability, sex, religion or familial status. This background check will help you rule out incorrect and dangerous tenants.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.