By E-Renter Tenant Screening
Posted on February 14, 2009 under Tenant Credit Checks, Tenant Screening & Background Checks | ![icon: comment icon: comment](http://www.tenantscreeningblog.com/wp-content/themes/new-balance-of-blue/images/icon-comment.gif)
The perfect tenant might not exist, but there are plenty of good, even ideal tenants out there. You know them—they’re clean, quiet, and pay their rent on time, every time. How do you sift through the prospects and make sure you’re renting to the one of the good ones? It’s simple: take the time to pre-qualify tenants.
Five reasons why you should pre-qualify tenants:
Today’s economic environment: Don’t rent without knowing a potential tenant’s credit history. The current economy makes this essential.
Avoid nightmares: Even the well-employed can be nightmare tenants. A good income never guarantees good behavior, so check personal and rental references of each tenant applicant.
Screen out the criminals: Check each applicant’s source of income. If a potential tenant’s income source is unclear or worse, not legitimate, you do not want them as a tenant on your property.
Mitigate your risk: Proper tenant screening can prevent a predator from becoming your tenant and your liability.
Reduce tenant turnover: Know what you’re dealing with going in, so you don’t have to watch tenants move out due to liens, overextended credit, or other legal issues.
Remember to be thorough when pre-qualifying—require written applications from each adult who will be leasing your property.
It’s easier than you think to ensure that you have the best possible tenant—before you sign the rental agreement. Decrease your headaches and your losses by pre-qualifying every potential applicant.
Find landlord resources, including everything you need to know about tenant screening from E-Renter.com.
Next post: A Welcome Package for New Tenants
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