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Friday, July 24, 2009

Protect Your Rental Property - Run a Background Check Search

When you own investment property and use it as rental property wisest things you can do is run a background check search on a prospective tenant. All that is needed is time and a small amount of money to run a background check search prior to any tenant signing a lease.

A lot of time and money is invested in remodeling and maintaining rental properties. A background check search should be in important part of the screening process for landlords to ensure there are no complaints from previous property owners for destruction of property. This way you know exactly what to expect from the conduct of the tenant. However not all previous property owners report any problems directly to local law enforcement. However, running background investigations will weed out tenants that have a history of destroying rental property.

When you run a background check search on someone you receive all court documents related to that person. For rental property owners, the most important would be judgments, bankruptcies, prior evictions, and criminal records.

Rental property owners can run background investigations without the help of government agencies. There are websites dedicated to running a background check search and have proven to be very reliable. However, it is always best to check out the website you want to use to ensure you receive current and valid information.

If a website offers, background searches free of charge be cautious since their information may not be current. Websites that charge a small fee usually have the most current information. Rental property owners can charge a fee to prospective tenants to run this search rather than paying the cost themselves. By charging a background search fee, you can weed out the good from the bad tenants. If a tenant does not pay, chances are they have something to hide.

Charles_L_Davis

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