Over 35% of American households were renters at the pandemic's beginning. This research shows there is a high demand for rental units.
Imagine the peace of mind of knowing you have chosen the right tenant for your property. With good tenants, you can reduce the chances of missed rent, property damage, or eviction proceedings.
With the right tenants, you can maintain a harmonious landlord-tenant relationship. These tenants will have a proven track record of good behavior and financial responsibility.
This article reviews three benefits of incorporating tenant screening into your rental application. If this has piqued your interest, we encourage you to keep reading.
1. Improved Safety and Security
When you incorporate tenant screening into your application process, you benefit from increased safety for your property and neighborhood. A criminal background check is among the most critical factors in a good screening process. This check can identify any rental applicant with a history of criminal or violent behavior.
You can partner with a property management company if you're busy or have multiple rental units. They will screen potential new tenants on your behalf.
Along with a criminal background check, a credit check is also performed. This can tell you whether the rental applicant has a history of bankruptcies, bad payments, etc. If the credit check results are poor, move on to the next applicant.
2. Fewer Risks of Legal Issues
When you adequately screen your rental applicant, you reduce the risk of legal issues. You don't want to risk taking on bad tenants with a history of disruptive or criminal behavior. This wouldn't be good for you, your property, or the neighborhood.
With a proper screening process, you can detect applicants who may be a problem early on. With this early detection, you can avoid those applicants in favor of tenants with better background and credit check results. Tenants with a history of late or non-payments will almost certainly cause you legal trouble and are best avoided.
3. Higher-Quality Tenants
Our third and final benefit of thorough tenant screening is attracting higher-quality applicants. Higher-quality tenants in Clarksville, TN, are favorable because they pay the rent on time, look after your property as if theirs, and communicate well. This means you can know that your property is in good hands and will be notified immediately should any problems occur.
When applicants know they won't pass a strict screening process, they won't bother applying to rent your unit. This can save you time and money, which makes it a significant benefit.
Tenant Screening In Clarksville, TN
As you can see, you gain several benefits by implementing tenant screening into your application process. By running a criminal background check on new tenants, you can detect problems early on, which increases the safety of your property and neighbors. A strict tenant screening process will weed out bad tenants and attract high-quality applicants instead.
If you're looking for a top-quality property management company in Clarksville, TN, look no further. Get your free rental analysis today. We also offer tenant screening, rent collection, maintenance, and eviction services.
