3 Reasons to Screen Tenants

3 Reasons to Screen Tenants  

Screening tenants is one of the most important things a landlord does before renting out a property. However, many times the effort required to screen your tenants before letting them move in can seem to be a waste of time - this is especially true if the property has been vacant, and you are anxious to start collecting rent. So before you stop screening, consider these three reasons why you should always screen:

1.    Protect your bank account – That candidate says that they have the money and will pay on time every month, but how do you know? Contacting their previous landlord will help you know beforehand whether or not you are dealing with a late, or non-payer. Screening beforehand is easier than an empty bank account.

2.    Stay out of court – If you end up having a non-paying tenant starting the eviction process can be long, inconvenient and expensive. You are much less likely to end up at this point if you have screened your potential renters.

3.    Protect your rental home – Every time you rent out your property it’s an exercise in trust. You have to trust that they will not only pay, but protect your property. If you don’t screen your potential tenants you could end up with holes in the walls and motor oil on your carpet. 

While it may seem like a lot of effort, a landlord should always screen tenants before allowing them to move in. Screening will save you time in the long run, not to mention headaches and money! Building a reliable system to screen tenants and collect rent is one of the many benefits of working with Provident. For more information and a free consultation – send us an email.