Screening Prospective Tenants

Any landlord can sleep with peace of mind knowing that the property will stay in great shape and the rent will get paid with an excellent tenant. Meanwhile, landlords are left to wonder about the condition of their property with a bad tenant.

The issue is that any potential tenant can act as the ideal one during the first meeting. However, before allowing them to sign the contract, it is vital to thoroughly screen all possible tenants if you want to ensure you are getting the ideal renter.

Whenever you’ve got a house for rent San Mateo, you’ve got to options. You can save money and find new tenants yourself or hire a rental property management company to do the job for you. If you choose the first option, here are a couple of tips you can follow:

Call the Employer of the Tenant

Before you enable him/her to sign the contract, you certainly want to confirm that the tenant has a reliable and steady source of income. There are 2 ways to do this. You can directly call the employer to learn more or ask the tenant to offer you a copy of the previous paystub. Remember that not every employer will provide private information, such as salary history details. However, the employer can tell you if the tenant is an employee or not.

Call Past Landlords

Current landlords often only ask if the landlord was aware the tenant was moving or if the tenant has paid all rent when a current landlord contacts a previous one. However, you’ve got to dig a bit deeper to get an actual idea of the tenant. Though you do not want to risk the privacy of any person, you can ask a couple of basic questions about the lifestyle of the tenant.

Perform a Background Check

A background check will provide you a detailed report of the past of the tenant. A couple of firms provide investigative services for a fee. They will offer you with different public records, such as credit history, criminal history, and eviction history. You can usually order these reports using the social security number of the tenant.

There are online companies out there that offers background check services.

Perform a Credit Check

A couple of state laws enable the landlord to charge a potential tenant for the price of conducting a background or credit check. On the other hand, some states require that you cover the expense. No matter the case is, it is an excellent move to pull the credit of the tenant. This will show you information about the past credit history of the tenant. This usually can go back 7 to 10 years.

Request an Application

This is probably the first thing you should do before the others. You can begin by having all potential tenants fill an application form. There is a lot of sample rental application available online. You can also produce your own tailored rental application. A couple of local real estate association also offers a copy of this form.