You have probably at some point come across comments from landlords complaining about their tenants. It could also be that you have a friend who is a landlord and is always complaining about late or failed payments from tenants or other worse scenarios.
If you are thinking of venturing into this business, you should get in with a prepared mind to deal with such individuals. Perhaps you have the rental properties ready, you have people inquiring and hoping to move in, but you are not sure where to get started. The trick to finding good tenants is by conducting a comprehensive screening.
This might sound challenging, especially if you lack the tools, resources, and knowledge to go about it. Luckily, you can hire expert tenant screening service providers and let the professionals do all the work for you. The issue comes in finding a company that you can fully trust and rely on for the job. Here are some tips for you.
Table of Contents
Experience
The service provider should have extensive experience in this job. Remember that the reason for hiring the experts is for increased accuracy while saving time. This cannot be achieved if the service provider is an operation based on guess-work. Ensure that they have offered the services for a long time as this increases the chances of doing a good job.
Check their portfolio
If possible, they should share a list of their previous work. This will act as a solid proof that, indeed, they are reliable tenant screening providers. While at this, check the satisfaction level of their clients to determine if the providers are worthwhile. The higher the satisfaction rate, the higher the chances that they will meet your expectations.
Check the methods used
Let the providers explain to you which criteria they use to filter the tenants. The right ones should offer you comprehensive tenants’ history and criminal background, income level, and credit report. These are the crucial aspects of determining if a tenant will give you peace of mind or are going to live in chaos. If the service providers offer anything less than this, then you should move to the next.
Check reviews
The right service providers should have a dedicated review section where you can view what other individuals have to say about their services. This will help you determine their reputation and reliability. When reading the reviews, you should look out for things such as their timeliness, customer support, and cost of services. The services should also be customer-friendly such that you can quickly enter what you want and the information you get is easy to interpret. If you find more positive reviews than the negative ones, there are high chances that you can trust them. If you find more negative comments than the positive ones, that should raise a red flag, and you should move to the next.
With these tips, you will undoubtedly find a tenant screening company that you can fully trust and rely on. All the best!