Tenant Screening Before, Less Hassle After

Posted on 27 May 2010

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Let’s face it, today it is tough to stretch those dollars and make ends meet.  Everyone is looking for a way to increase cash flow.  Some independent thinkers have decided the best way to cut down on living expenses is to take in a tenant.  There are many important details to know about someone who will be residing in your home.  Tenant screening is a great opportunity to get those answers.

Most renters are honest about their current and past housing situations.  Others may not be so forthcoming and renting to them is a risk that may not be worth taking.  When assessing a potential tenant, there is some information that is vital to the success of this new relationship.

As a landlord, the first priority should be to obtain as much pertinent information about the candidate as possible.  Work history, outstanding debt, and income should be a major concern.  Tenant screening could be a great option for obtaining these details.  Landlords are entitled to learn about certain personal aspects of a candidate’s life.  A large quantity of accurate information revealed before entering into a contract can eliminate problems later.

There are different services available to aid in the disclosure of personal information.  Credit reporting agencies can give you access to bank information and credit history.  There is also other data that may be obtained that could become useful.  There is a fee associated with the screening process but the data obtained can be helpful in the decision making process.

Incurring a modest expense for tenant screening prior to renting may seem like a waste of valuable resources but what is uncovered may be invaluable.  A bad tenant is sometimes hard to get rid of but a few precautions beforehand may save a lot of aggravation later.  Economic times might be hard but finding the right housemate can be harder. Luckily Rental History Reports is available to make life a little easier for landlords with fast and effective screening options online.

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