The COVID-19 pandemic caused a sharp increase in the demand for rentals. People who previously owned houses gave them up for rentals, and first-time renters entered the market in droves.
As a landlord, you have to work hard to ensure the safety of your renters and their neighbors.
You must run a rental background check to ensure you’ll not run into problems with the tenants in future, and you don’t need to do this alone, though.
Keep reading to learn a few tenant background check tips.
Screen Your Potential Tenant’s Profile
Tenant screening is key to ensuring the safety of all tenants in an apartment building. Background checks rental can uncover criminal records, mental illness, and other red flags that could put your other residents in danger.
Start with a list of potential candidates. Use public records, online databases, and your observations to compile a list of possible tenants. Also, conduct a criminal background check for renters, and eviction history check.
Ask questions during the tenant screening process, such as about any recent changes in their lives (e.g., moving, getting married) and any potential issues in their background that may affect their living situation (e.g., drug use or mental health issues).
Pull a Credit Report
Do you want to know if your tenant has a history of not paying their bills? Get a credit report on them and find out!
You can do this by using a rental management platform like Rent Safe. You can also get your credit report and use it to check for discrepancies.
Once you have your tenant’s credit history information, discuss any concerns with them. Inform them, so they understand why you’re doing this and what steps they need to take to rectify the situation. It’s always best to work together towards a resolution.
Verify Their Employment
Tenants should always verify their employment when moving into a new home. This is especially important if the tenant does not have a stable employment history. By doing so, tenants can ensure that they are working with legitimate employers and that any income they may be earning is legitimately theirs.
Check Their Previous Rental History
The tenant’s rental history is essential when considering whether or not to rent. Recent rental history shows whether the tenant has been a good citizen and follows landlord policies. However, a bad rental history could mean that the tenant is not respectable and might cause problems in the future.
Speak With Their References
References can be a helpful way to ensure that you’re getting someone who will be good in your home and respect your property.
When speaking with references, it’s essential to ask about the tenant’s history of cleanliness and respect. Ask if they have ever had any problems with noisy or destructive guests, any homeowner’s insurance claims, and whether they’ve ever caused any damage to the property.
Call them if everything checks out and the tenant meets your standards! References are often willing to provide additional information or even vouch for the quality of the tenant in question.
Rental Background Check – Key Takeaways
Conducting a rental background check is essential to ensure safety and security. By following these simple steps, you can ensure that you get accurate results and protect yourself and your property.
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