The Importance of Screening Tenants Before Renting Property

Admin • November 29, 2016
Property for Lease — Man Signing Papers in Pleasanton, CA

It’s impossible to judge a prospective tenant on how they appear and act upon meeting with them. Skipping tenant screening when renting may seem like the easy route, but taking the time to check out potential renters can actually save you and your property in the long run.

Save Time and Money

Tenant screening may seem like a monotonous process, but taking the time to do it up front will end up saving you time and money. Screening lessens the likelihood of needing to evict tenants or dealing with the hassle of financially irresponsible renters. Your business is more likely to prosper because you can check potential tenants’ credit and choose renters who are more likely to pay rent on time.

Take Care of Current Tenants

Taking care of current tenants should be a priority as this can help you to avoid paying for vacant property. Screen prospective tenants to help keep current occupants feeling comfortable and safe.

Protect Your Property

Find residents who will take care of your property the way you would. Before signing a leasing agreement, learn about an applicant’s behavior at previous rentals. If you’re working with a first time renter, try to contact reliable references.

Taking the time to screen prospective tenants will pay off by offering you and your property protection. To learn more about tenant screening, contact Wilson Property Management.