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Tips for Thorough Tenant Screening: By a Hayward Property Manager

Deanna Hansen - Wednesday, July 31, 2013

There are several tips we want to provide that can help you do a more thorough tenant screening. The first part of tenant screening, I think, is to make sure you have written policies and procedures in place on what your criteria is for acceptable tenants in your property. At Aapex Property Management, we tell all of our prospective tenants exactly what we are going to be looking for in any rental application. This will show them what they need to do in order to qualify to rent one of our properties.

When you begin your screening process, remember that you are looking for a history and a pattern of behavior for the tenants. You don’t really want to know what’s been going on in just the last year, and it probably won’t help you to know whether or not they pay their Macy’s bill every month. It also does not matter to you whether they had a family emergency a couple of years ago that had an impact on their credit score or situation. You want to know what their pattern of behavior is.

One of the best ways to understand behavior is to talk to current and former landlords. This is part of a thorough tenant screening. Contact those landlords and find out if they were good tenants. Ask if they paid their rent on time, if they had any unauthorized pets on the property while they lived there. Find out how they left the place, and if they took care of it. Ask if they got all or some of their security deposit back. These things will help you determine how the tenants will take care of your property.

Be sure you confirm income and employment. Ask the potential tenant for at least two recent paycheck stubs. This will show you how much the tenants earn, and you will be able to figure out whether they can afford the rent price. Call their employers to verify the tenant still works there. Tips for Thorough Tenant Screening: By a Hayward Property Manager

When you do a thorough tenant screening, you can find high quality tenants who pay their rent on time and take care of your property. Isn’t that what you want as a landlord and property investor?

If you need any help with the screening process or you have questions about this blog, please do not hesitate to contact us at Aapex Property Management. We would be happy to help you.
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