Miami and Fort Lauderdale Tenant Screening

Selecting a Tenant: What to Look For

If you are an investor or property owner or investor looking to rent out a home, the most important decision you’ll have to make after you decide on the property is deciding on the tenant.

Good tenant selection will be an invaluable resource to you.
Good tenant selection ensures that your investment property is safe and you can rely on the monthly income to supplement the costs. However, a bad tenant can be nightmarish. If you have a tenant who damages your property or refuses to pay rent on time, you may be faced with having to recoup your money and evict the tenant, neither of which is without its problems and financial concerns not to mention easy.

So, how is it that you go about the process of tenant selection?

At Residential Leasing & Management the first part of our process is screening the applicants. We make sure we have an in depth tenant application available. We have all prospective tenants fill the application out completely then we thoroughly check their credentials. We do a background and credit checks in order to make sure they are the type of tenant you want occupying your home and that they have the job stability necessary to maintain a landlord and tenant relationship.

We are also very aware of the laws in our jurisdiction. We do not want to open you or ourselves up to allegations of discrimination. So, we make sure we know the laws and we strictly abide by them during the tenant selection process. When we have several candidates who fit your needs following the thorough credit and background check, we then move on to the interview process. This part of the process is where we ask questions to determine if the prospective tenants will get along well with neighbors and seem like they would be a positive addition to the neighborhood. We also keep thorough records of the interview and application materials for all who apply.

Tenant selection can be quite a bit of work. References have to be checked, employment histories verified and credit reports run. However, as much hard work as it may seem, it’s nothing compared to the stress and anxiety that comes with a tenant selection gone wrong. Due diligence will save you hours of work and possibly hundreds or even thousands of dollars in the long run. With proper tenant screening, you will have a great tenant and a good relationship for the duration of their stay in your home.

Investigating a Renter? Who Can You Trust?

Call Residential Leasing & Management Corp at 832-585-8004 today and see exactly how we can help you!