The Importance Of Tenant Screenings For Your Rental
Have you considered renting your property but are worried about choosing the right tenant? In this video, we’re going to show you why Anchor Real Estate Property Management’s tenant screenings will give you peace of mind on your rental. We’ll look at how everything from credit checks to proof of income will ensure you get the right people for your investment.
The Importance Of Tenant Screenings
If you’re thinking of renting out your property, why choose Anchor Real Estate Property Management? We offer thorough tenant screenings. Owning a rental property can be one of the greatest investments that one can make, although it can be risky.
We perform a background check on each prospective tenant for all of our properties. This screening includes a credit check, a criminal background check, employment verification, and checking prior landlord references. It is important for us to know that a prospective tenant is a good choice for renting your property.
Income And Rental Verifications
At the end of the day, you still have to pay your mortgage, so we want to make sure that the prospective tenant can pay the rent. We check tenants for prior evictions, judgments, and bankruptcies, and we also require tenants to provide proof of income. To qualify for a rental property, prospective tenants must make at least three times the amount of the rent.
We contact previous landlords for rental verifications as well, and we’ll make sure that we ask questions. Did they pay the rent on time and in full? Did they stay through the end of their lease? If not, why? Did they vacate? Did they receive their security deposit back? Would you rent to them in the future?
By gathering information about a prospective tenant's financial history, we can help you eliminate the risk and protect your investment.
We’re Here To Help
I hope this gave you an idea of how Anchor Real Estate Property Management’s tenant screenings work. If you would like to learn more about our tenant screening process, call us today and we'd love to help!