Did you know the country needs another 3.8 million houses to compensate for the current nationwide housing shortage?
A correspondingly severe lack of rental homes means Cleveland landlords rarely have trouble finding tenants. Rather, as a landlord, your biggest question is how to choose the best tenant from the many applications you receive.
Tenant screening is one way to separate the good from the bad when it comes to tenants, but are you certain you know how to do this on your own? Read on to explore why outsourcing tenant screening in Cleveland, OH, is a much better idea.
Tenant Screening Saves You Money
Professional tenant screening costs money, but it can also save you a lot of time and money down the line. By carefully screening your tenants, you're less likely to end up paying for costly eviction proceedings.
Performing a tenant credit check ensures you place tenants who have a history of timely payments. This helps you avoid unpaid rentals and lost income while you attempt to rid yourself of bad tenants.
The best property management firms include tenant background checks as part of their services. So, you'll enjoy a better rate for these services than if you hired a dedicated tenant screening service.
Tenant Screening Services Save You Time
You must get permission from a tenant before you can carry out background checks, according to tenant screening laws. Most landlords include a permission document as part of the application form.
Once you have permission, you need to include the following inquiries in your background research:
- Accessing credit reports
- Interviewing past landlords
- Verifying employment
- Checking the provided references
- Looking up public records
This is a very time-consuming and often frustrating process. When you outsource tenant screening services, you receive a comprehensive report quickly, without any effort.
These checks are a matter of routine to these professionals, and they use the latest tenant screening software to streamline the process further.
Tenant Screening Services Offer Consistency
Consistency is vital for complying with the Fair Housing Act. Under these laws, you might not be able to deny a tenant's application based on your findings during a background check.
Tenant screening service professionals know the intricacies of this law. They can evaluate tenants fairly and without discrimination. They're also less likely to make any mistakes during the screening process.
Experience the Benefits of Effective, Effortless Tenant Screening
When you outsource your tenant screening to a reputable company, you'll save time and money while achieving consistent results. With a team of experts to assist you, you're assured of compliant processes and efficient service when it comes to tenant background checks.
Remax Haven Realty is a leading property management company based in Cleveland, OH. We have over a decade of experience managing properties in Northeast Ohio. We've helped thousands of property investors profit from their investment properties.
Our intensive screening process takes a comprehensive look at the applicant from every angle to ensure our clients' satisfaction. Discover the benefits of working with our team today.
