An El Paso tenant screening company can really help you out when it comes to vetting your tenants, making sure they weren’t involved in any illegal activity, and having more information regarding their background, so you can make an informed choice regarding who to accept and who to avoid.
The details below should be able to help you out when it comes to understanding the main responsibilities that a property management service has when it comes to tenant screening.
Promptly Taking Care of the Screening Process
An El Paso property management company is essential when it comes to dealing with the small but important issues associated to tenant screening. The following are just a few of the details that every local tenant screening and property management company should have knowledge about:
- The credit history of your potential tenants, which will show how past debts and other financial difficulties may have impaired the tenant’s ability to meet payments on time;
- Any and all issues relating to income, which includes how much your new tenants are earning, how long they’ve been hired at their current workplace and how stable the job may be;
- Credit history, involving the amount of money that the tenant has already borrowed and still has to give back;
- And most importantly, rental history, which determined how the tenant has behaved in the past when dealing with other landlords, whether or not he made rent payments on time, and whether he has any record of unlawful behavior.
Of course, there are many other details that your El Paso tenant screening company will take into account before even calling the tenants to be subjected to an interview process. This approach, however, is extremely efficient, and it will make sure you have nothing to worry about regarding the people you allow to occupy your residential properties.
Property Management Responsibilities – Tenant Selection and Move-In
Based on specific criteria that you have decided upon yourself, the property manager you hired is able to select the precise tenant that will not only meet all practical requirements, but can also move in and pay right away.
The property manager will first have to notify the tenants in question that they won or lost in the selection process. After all, it’s only fair to notify everybody involved in the screening process, so that there won’t be any problems later on.
After the tenant selection was completed based on the full evaluation of your criteria and the tenant’s complete background check, it’s time to manage all the tasks associated with the tenant moving in. From administrative solutions, such as drawing up a legal leasing agreement, to confirming the moving date and performing a full move in inspection with the tenant, evaluating the condition of the property, and having the tenant signing the report that verifies is prior to move-in.
Once all that is out of the way it’s time for your new tenant to move in and for your property management company to collect the first month’s rent and security deposit.