At Carolina Living Real Estate and Property Management, we pride ourselves in doing as much as we can to place good people in your rental home. We, thankfully, have a very good track record for NOT having to evict tenants but doing thorough due diligence up front. While there is never any guarantees, we certainly try to reduce the risk.
Here are 5 reasons to do a background check:
1. Safety FIRST
Not only do you have to consider your own safety, but also the safety of your neighbors and other members of your community.
You certainly don’t want a tenant with a violent, criminal past, and neither do your neighbors. Eliminate this risk altogether with a criminal background check.
2. Lower Your Liability
If you blindly allow anyone to live on your property, you open yourself up to liability. This means that others in the community can sue you if something goes wrong.
Again, there are never any guarantees, but showing good faith and due diligence was completed you lower your liability with law suits.
3. Identify The Problem areas:
Some renters try to hide information from their potential landlord. We have learned that there are many people trolling on sites like Craigslist looking for homes rented by the owners. They feel they can appeal to the owners compassion and hide issues. We have to remember this is a business!! These are not the kind of tenants you want on your property.
With a background check, you can spot red flags more easily. If an applicant won’t authorize the background check or disappears after your request, you know that the process is worth it.
4. Verify Information
Honesty!!! We look for information provided by the applicant matches what we find during our due diligence. Using a background check can help test your applicant’s truthfulness. They have to sign that what they are giving you is the truth!
5. Find Better Renters
The best result you’ll get from using background check is that you will get better renters on your properties.
As stated above that there are those preying on the individual owner, The background check will discourage the worst renters from even applying. Additionally, good renters welcome the screening process because it conveys that you’re a thorough and competent landlord. These are the people we are looking for!
Why not hire a Carolina Living Real Estate to do everything for you?
Professional Services at reasonable rates
