Finding the right tenant for your property isn’t always straightforward—and it’s never fun. But with a partner like Alliance 2020, it can at least come with peace of mind. Opting to conduct tenant screening through a reputable and professional screener is a simple step to take now, which can save you big time, money, and headaches for both property owners and management companies in the future. Here are just a few reasons why:
Increased Safety
You have a responsibility to the surrounding community (and yourself) to do whatever necessary to put safe, quality tenants in your property. A background screen provides you with a snapshot of the individual’s criminal past. Pay particular attention to any violent crime convictions. Note: some cities and counties are considering proposals to make it illegal for housing providers to discriminate against tenants on the basis of arrest or conviction history. Make sure you know your area’s rules—and your rights—before denying a tenant based on these records.
Liability
Imagine this scenario: you don’t do a background check on an individual, but accept them as a tenant for your property. Unbeknownst to you, they have a history of shoplifting and theft. Your other tenants begin to report stolen belongings, and when they discover the culprit to be your newly placed (and non-screened) tenant, they sue you for allowing the tenant to take residence. This costly and stressful scenario could have been avoided with a simple background check. And remember—you can pass the cost of the check on to the applicant, meaning you have nothing to lose and everything to gain.
Reduced Turnover
The simple requirement of a background check often weeds out individuals who wouldn’t make the cut. For instance, if you make it clear that you have a rigorous background screening process, an individual with a questionable past may not even bother continuing in the process. This can save time and increase the likelihood that you’ll get a quality tenant that will stay, respect the space, and pay rent on time.
Tenant screening really is a no-brainer, and with Alliance 2020, you can accept applicants with confidence. Not only will our services help protect your investment, but they can also save you valuable time, money, and headaches—and who doesn’t want that?
