Four Advantages of an Online Tenant Screening Service

If you're a landlord and looking to rent out a space in your building or home, it is crucial to your peace of mind and investment to acquire a tenant screening service. There are many websites that perform basic tenant background checks, and they can provide such information as your potential renter's criminal record, driving record, employment history, and credit score. All of these factors are very important for a landlord to be aware of because you want to ensure you're renting your space to a reliable, trustworthy, and financially stable tenant. At Tenant Background Search, we perform incredibly thorough and detailed screenings of your potential tenants. There are many benefits of acquiring an online report, with these four being the biggest advantages:

1. It Provides The Fastest Results No longer do you need to wait for days or even weeks to receive the results of a tenant screening. With an online report, you can have the results in hand in a matter of minutes. In this busy world, your time is your most precious commodity and that is why choosing an online background check for potential renters is the most convenient way to go.

2. It Is All-Inclusive Online tenant screening reports are very comprehensive and employ the hundreds of official databases online. They comb through the information provided by National Records and the FBI to give you all of the information you need to know. This can include the most wanted list, national terrorist database, and the national sex offender list, as well as any other relevant information. In one easy click of a button, you will have all of this information and more!

3. It Is Easy To Understand An online tenant screening website will provide you with focused, easy to understand information, all in one place. It is also easy to use and won't require any complicated information on your part. All you need is some basic information on your potential renter, and the site will do the rest for you. You will be able to easily locate and read the information that pops up after the search.

4. It Is Trustworthy You can count on the information being provided during a tenant screening to be reliable and accurate. The information being pulled is typically younger than one month old and comes from many online databases. The reports are also 100% FCRA compliant. Information provided by an online background check comes from many different official sources that compile it together and compares records to confirm it is correct. You want to be sure you're renting to a reliable person, and that is why you need the most accurate information.

As a landlord, your rental space is often your largest investment and most valuable asset, and that is why you need to perform an online tenant screening on all of your potential renters. It is the most reliable, accurate, easy to use, and quickest way of determining if they'll make a great tenant and if you should choose to rent to them or not.

Tenant Screening: What Should Be Included

In order to prevent damage to your property or avoid a month's unpaid rent, it is crucial to get a tenant screening done to prevent any such catastrophes. A legal tenant screening report will ensure that you're renting your property to someone who has a clean background, is financially responsible, and who will treat your space respectfully. Read on for the 4 things that should always be included in a tenant screening. 1. Eviction History A tenant that has a history of evictions means that there have been serious problems with previous landlords. They either did not pay their rent on time, did not follow the landlord's rules, or inflicted damage on the property. County and federal databases contain information on evictions, although it can take a lot of time for a property owner to obtain this information on their own. That is why many choose to outsource their background checks to a tenant screening service.

2. Criminal History A tenant screening will be able to tell you whether your potential renter has been convicted of any crimes. Databases from state, federal, and county sources are combined into one convenient report. You will also have access to sex offender lists, court records, prison history, most wanted lists, and more, so that you can make the most educated decision possible. Make sure the screening includes records from the past seven years, so that you can get as much information as possible.

3. Credit History Being able to see the credit history of a potential tenant will be extremely helpful in making a smart decision towards renting out your space. A thorough credit history will give you information about the tenant in regards to financial liens, payment history, accounts in collections, debt to income ratio, FICO credit score, and more. It can be hard to acquire this information on your own or even with a basic credit history report, but a tenant screening report service will help you attain all the necessary information about credit history to make an informed decision.

4. Employment History Most landlords start their tenant screening process with a renter's application. This is a pretty standard format and will ask the tenant for personal references, as well as their rental and employment history. This is an important step because a landlord will need to know that their employment position is in fact legitimate, and that they have a strong financial standing. By reviewing their place and type of employment, you can determine whether they'll be able to realistically afford the rent each month.

Acquiring a tenant screening on a potential renter is critical to your business and well-being as a landlord. You want to make sure you are making the best decision possible and are renting your most valuable asset to a responsible, financially able, and trustworthy person. There are many ways to obtain this necessary information outlined above, but a tenant screening through a professional service is the most accurate, comprehensive, and easiest way to go.