Damaged property, unpaid rent, landlord tenant court, legal fees, months wasted in the eviction process and generally problematic tenants are just some of the reasons why conducting tenant background checks on potential tenants is a necessity. This can be said just about anytime especially when two individuals are coming together for a business transaction, which in this case would be between a landlord and a potential tenant or property maintenance worker. When we discuss the property management business, it is imperative for the landlord to inquire about these individuals’ backgrounds for safety and liability reasons. As a landlord, it should be your number one goal to maintain a benign community in which individuals want to reside in.
Below is a list of persons you should consider conducting tenant background checks on before signing them to be a part of your community.
Just imagine allowing an individual to work as a maintenance worker while they are also registered on the state’s sex offender registry. That is a piece of information you should want to be made aware of to help prevent any possible issues.
The importance of knowing who you are hiring is beneficial for all parties involved. No landlord wants their property to end up on the news someday because of a crime or lawsuit. Therefore, you should take the extra step to inquire about the individuals you are allowing to enter the community. In doing so, it could help save you money down the road. There are multiple steps that can be taken but the initial step is to identify that there is a reason for conducting these checks. Once you have decided to move forward you will decrease the quantity of immoral individuals you would normally be allowing into your community.
Along with bad press, you also want to decrease the amount of damages that could potentially transpire to your property. Whether it is the tenants themselves or the maintenance workers who could be causing the damage, it is imperative to have reliable tenant background checks conducted to study who the individual really is and if they had any similar issues in the past. As a rule of thumb, it is better to be safe than sorry. Especially, when damages could get pricey very quickly. Property damages range anywhere from broken tiles to holes in the walls, deeply scratched hardwood floors to stained carpets. While obtaining a security deposit could be helpful however, you should not want to get in business with a person who has previous landlord tenant problems. The only way you can prevent that is by conducting these background checks for a peace of mind.
These are just a few of the searches we suggest you consider when conducting a background check but the list is unlimited. It can be as extensive as you would like it to be. In this case, we would also suggest running a credit report especially for the potential tenants. Our company abides by all Fair Credit Reporting Act (FCRA) requirements within the state to promote the accuracy, fairness, and privacy of the consumer.
Make sure to also visit our Tenant Screening page for more information regarding that matter. As previously mentioned, we do not have a specific package of searches that we provide to our clients. We allow you to pick and choose which searches you believe meet your needs the best. Contact us to speak with an experienced live investigator who will give you the top information and help you with your property management background checks.