Owning and operating a rental property, whether an apartment complex, a condo, a single family home, or whatever, can be a very rewarding experience – both figuratively and literally – if you go about things in the right way. This means taking the necessary steps to ensure your tenants are not only happy, but you are happy as well. And it all starts with Tenant Screening.
Tenant Screening: Avoid Problems before They Happen
Problem tenants come in all shapes and sizes. Some have credit problems. Some are unemployed and have no source of income (this means no way to pay your rent). Some have a poor renter history. Some have exotic pets. And so on.
A problem tenant is a landlord’s worst nightmare. And once they are in your rental property, problems tenants are just that…a problem. This is why it is important to weed out the problem tenants beforehand, which brings us back to tenant screening.
What is Tenant Screening?
Tenant screening is a process used by landlords and property managers to evaluate potential tenants and the likelihood that they will both fulfill the terms of their lease or rental agreement, and take good care of the rental property. Tenant screening can take many forms, from in-person interviews to background checks, credit checks, and more.
How to Handle Tenant Screening
While most renters are law-abiding citizens, there are more than a few unsavory people in the world. It is important to uncover the latter before you let them move into your rental property. And while you can certainly try and handle tenant screening on your own, it is often easier and more effective to let the professionals handle such a delicate matter.
Property Management and Tenant Screening
Clagett Management provides full service, competitively priced property management throughout Maryland, West Virginia and Virginia. We utilize the latest in management, accounting and reporting software to effectively and efficiently manage all types of properties from a 1,000+ unit homeowners association to single family and townhouse rentals.
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Our goal is to help you profit from your investment and to free you from the daily concerns of your property’s upkeep and operation.
If you have any questions about Tenant Screening or Property Management, please contact Clagett Enterprises at (301) 663-6011. You can also connect with Clagett on Facebook, Twitter, Google+, Pinterest, and YouTube.