The success of a property, in terms of long-term tenants and, subsequently, long-term financial predictability, keys on selecting the right tenant.
Waltham, MA (PRWEB) May 30, 2013
Police Departments across the United States are offering training seminars to landlords and property managers to help deal with existing and potential ‘bad tenants.’ Prevention is essential to long-term and successful tenant/landlord relationships and TenantScreeningUSA.com recommends landlords and property manager’s work with local authorities to understand options available to them, both for prevention and eviction.
The opening line in a recent article in the Los Angeles Times jumps out:
New residential construction rose significantly in March as builders started more multi-unit dwellings. (http://www.latimes.com/business/money/la-fi-mo-housing-starts-20130416,0,3824183.story)
With the increase in multi-unit dwellings landlords and property managers need to be increasingly diligent with whom they rent properties.
Adam Almeida, President and CEO of TenantScreeningUSA.com states: “The success of a property, in terms of long-term tenants and, subsequently, long-term financial predictability, keys on selecting the right tenant.”
As rules and regulations change on a frequent basis, landlords and property managers are often behind in terms of understanding what can and cannot be done in regards to tenant screening and evictions.
In Dover, Delaware, authorities from the Attorney General’s office are conducting seminars and working with local landlords and property managers to keep them educated with the rules governing tenants.
The seminar not only taught landlords how to set rules and address problems, but also how to avoid trouble to begin with. (http://delaware.newszap.com/centraldelaware/121534-70/landlords-learn-how-to-deal-with-bad-tenants)
One of the key steps in preventing rental challenges lay with tenant screening.
“Screen when you’re standing there like Superman and you can say, ‘No, no, no.’ Because the second you say ‘Yes,’ you’re not Superman anymore…” (http://delaware.newszap.com/centraldelaware/121534-70/landlords-learn-how-to-deal-with-bad-tenants)
In other words, don’t turn over the keys until tenant’s are screened and fully vetted.
In Redlands, California the local police department is conducting seminars with landlords and property managers to assist in creating safe rental property environments.
The program is focused on education and reducing crime in apartments, condominium complexes and single family rental housing throughout the city. (http://www.pe.com/local-news/san-bernardino-county/san-bernardino-county-headlines-index/20130419-redlands-police-to-hold-safety-workshop.ece)
A key part of the seminar includes tenant screening.
Almeida adds: “Another trap landlords and property managers fall into is failure to understand current law governing tenant screening. The Fair Credit Reporting Act as well as the Fair Housing Act regulate what can and cannot be used in tenant screening, and the tenant screening industry as a whole.”
Creating a safe living environment is a critical part of the tenant vetting process. Weeding out individuals that could potentially cause harm to person and property, as well as reputation is critical in creating a viable, long-term investment. Working with local authorities is but one option for landlords and property managers to gain information about local, state and federal regulations regarding tenant screening. Another option is for landlords and property managers to work with third-party tenant screening companies.
Almeida says, “Working with a third-party tenant screener makes sense for landlords and property managers. It is their business to stay in front of all changes in law but to also assist in providing information to landlords such as which reports provide the most pertinent information, how reports can legally be used in vetting tenants, and so on.”
In the end TenantScreeningUSA.com strongly encourages and recommends that landlords and property managers work with local authorities to understand local options in regards to tenant screening and preventing bad tenants. Combined with the services of a third-party tenant screening company, landlords and property managers should have the tools needed to create safe living environments and decrease the potential of bad tenants.
TenantScreeningUSA.com is a third-party tenant screening company that offers affordable, thorough, and secure background screening for landlords and property managers.