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What is Applicant Screening

Applicant screening is a service that is offered by certain property management companies. The service is designed to help rental property owners find good potential tenants for their properties. Because there is a lot of money invested in a rental home, owners want to make sure that they get the best tenants possible to stay in their place.

A thorough applicant screening will take a good look at the credit history, rental history, and current employment of the person applying for rent. Unfortunately there are a lot of people who will lie on their applications just to get into a nicer unit. Finding out whether or not they are honest and what type of renter they are can save a lot of trouble down the road.

With a tenant screening there is no way to be 100% sure that the person will work out well even if their screening checks out. You will, however, significantly increase your chances of having a successful tenant.  Applicant screening can be really difficult to do accurately on your own, so it is usually recommended that you speak with a property management company and have them help you out with the process.

If you have a property that you are looking to rent out for some extra income, and you want to make sure that you get quality tenants to sign a lease, then applicant screening is something that you should definitely consider.

At Real Property Management East Valley, we have over 20 years experience in property management. Call us today to learn more about tenant screening and how we can help you find the right tenant for your property. (480) 719-1243

What do Property Management Companies Do?

Property management companies are designed help make renting properties easy. When someone owns a rental property, their main goal is to find good tenants who are will to pay monthly rent and who agree to the terms and conditions that the owner sets.

While it is completely possible for a property owner to handle the rental process on their own, there are a bunch of responsibilities that come with it, and for some it can be too much to deal with. Here are a few of the things property management companies do to make the lives of property owners easier:

  • Rent Collection- Making sure that tenants pay on-time every month and pay the full amount agreed to can be a really stressful job. A professional property management company will take care of all the dirty work for you, and make sure that you get your check on-time each and every month. All you have to do is sit back and watch the money come it.
  • Tenant Screening- Before you let someone live in your rental property you want to make sure that they pass a thorough tenant screening. Knowing the rental history, credit background, and current employment status can help you to make the right decision on who you let live in your property.
  • Emergency Repair- As a property owner it will be your responsibility to fix or repair anything that goes wrong with your property. If you hire a property management company then you won’t have to worry about waking up late at night to answer an emergency repair call. A good management company will have deals with several contractors that will handle repairs and can actually save you a lot of money over you hiring your own contractors.

To learn more about the services provided by property management companies, contact RPM East Valley today! (480) 719-1243