Finding a quality, trustworthy tenant is key to becoming a successful landlord in Denver, CO. According to recent data, the global tenant screening industry is expected to reach $8.1 billion by 2027.
Part of the screening process includes running a tenant criminal background check to ensure that you're choosing a safe, reliable tenant.
If you're interested in learning how we screen your rental applicants, read on to learn more.
We Verify All Information
The first step in the tenant screening process is to confirm that the applicant is who they say they are. We do this by asking the applicant to provide a copy of their government-issued identification, whether it's a driver's license, passport, or other form of ID.
We also perform social security number verification to make sure that everything "checks out." It's also vital to ensure that the applicant will be able to afford the property. With our screening process, we perform a pre-screening income qualification as well as an official income and employment verification.
Bill Payment History
After we receive rental applications and ensure that the tenant's identity has been thoroughly vetted, we also check their credit and past payment history. This includes getting the applicant's most recent credit score to ensure that they're creditworthy.
We also look at the person's previous address and tenant history and perform a public records search. Part of this process includes running their information through the National Eviction Search database. If a tenant has a strong history of making their payments on time, and they have good credit, there's a good chance that they will pay their rent on time to you, too.
Tenant Criminal Background Check
A vital part of good property management and tenant screening is running a tenant criminal background check. It's important to make sure that the applicant will be a safe, good tenant and will take care of the property.
During the process, we'll run a previous landlord verification to ensure that the tenant lived at their past stated address. We also run a national criminal search. It's important to note that this criminal check only looks into actual convictions.
Finally, we will run the applicant through the national sex offender database and do an international terrorism database search. If everything comes back clean, then there's a good chance your new potential tenant will be trustworthy and reliable.
All of our rental applications are processed without any regard to the person's race, color, religion, or sex/gender. We also don't look at anyone's national origin, familial status, or handicap to ensure we follow all Fair Housing Guidelines under the Fair Housing Act.
Screen Your New Tenant Today
From identification, credit, and employment to a thorough tenant criminal background check, you can count on us to perform the most thorough tenant screening possible. Don't leave your next rental investment to chance and make sure you consult with a professional property management company.
If you're ready to find a great new tenant, make sure you contact PMI Denver West today to find out more.
