What happens in case landlord does not consider any tenant assessments?
He can not only have a bad tenant, but at the same time he would be putting his valuable contents and building at stake. You will have to bear the expenses of any mishandling of items by your tenant. And his one month's rent taken as a deposit will not be sufficient to cover up the damages caused.
Rightful selection of tenant can be done only with tenant assessment. You are left with two choices here, you can carry it out you self or reach out professional tenant assessors' help. In case you do it your self, it might be time consuming and you may not always arrive at accurate results. A professional will have information about different tenants, credit report agencies - from whom they collect the credit scores of a tenant. They carry out employer's reference check in addition to his previous landlord's reference check.
Basic reference check
Comprehensive reference check
If you don't have time, then, you can opt for a basic check of your potential tenant. This includes personal information check, financial standing, eviction reports, criminal records. This can be carried out with in 24 hours of time. This enables you to reduce void periods.
On the other hand, a comprehensive reference check, will offer you employer's reference check and previous landlord's reference check in addition to the basic check services. This will take longer, but provides an in depth report of your tenant and helps to vet out your tenant rightly. Check for your tenant background information, is he a drug addict, a terrorist. If not you may put your property at stake and your rental income will also be at risk.
Kirthy_S
0 comments:
Post a Comment