When choosing tenants to live in your rental properties, the most important thing is to choose the right ones. Whether you screen them yourself or hire an outside party to help you, knowing what to look for can give you peace of mind and help you avoid potential headaches later on. The best way to assess this is with a detailed tenant screening background report from ACUTRAQ. The reports provide insight into many facets of the person’s life including things like criminal history, employment history, education history, rental history, and public records that show up on background checks. In this article, we’ll take a look at 5 key points every landlord should keep in mind when reviewing tenant screening background reports.
1) Does the applicant have any criminal history?
A criminal background check is an essential screening tool that landlords and property managers should look for. It helps them make an informed decision about whether the applicant is a good risk or not. While not all applicants are criminals, the tenant will be living on your property, so it’s best to err on the side of caution when making this decision.
2) How many evictions does the applicant have on their record if any?
If you’re looking for a renter, it’s a good idea to get an idea of the applicant’s history. It can be difficult for landlords to make a decision about who is the best candidate. Tenant screening background reports from ACUTRAQ provide detailed information that can help you make a better decision about whom to rent your property out to. For example, the report will tell you how many times an applicant has been evicted or if they have any criminal history.
3) What is the applicant’s current employment status and salary?
All applicants should have a current employment status, and if they are currently employed, their salary. These two pieces of information help landlords and property managers understand the applicant’s ability to afford rent, which is one of the most important considerations when screening tenants. This information also helps landlords weed out applicants who may be looking for a place to live but cannot afford the rent that is being asked.
4) Does the applicant have any current or previous rental collections?
Background reports can help landlords and property managers make the right decision with detailed and easy-to-read background screening reports. A full report will include information on the applicant’s current or previous rental collections if any. Landlords should always ask tenants about their credit history and whether they have ever had a rental collection.
5) What is the applicant’s credit score?
A credit score is an important consideration when tenant screening. A high credit score can indicate the applicant’s responsibility, stability, and ability to make payments on time. A low or no credit score can be a red flag for fraud.