You want to self manage your property? Sure! But maybe you should let a licensed property management company help you find your tenants. Here's some reasons why:
Tenant screening can be a complex process, and if you don’t have sufficient experience in the real estate industry, you might end up choosing a bad tenant. The main problem with bad tenants is that it can be quite difficult to make them leave your property. Good property management companies have a reliable and verified screening process that helps them select tenants who will:
- Rent long-term
- Pay rent on time
- Minimize the wear and tear of the property
- Cause fewer problems
A property management company that has been in the business for a long time, has seen thousands of tenant applications. This will help them dig into facts about the potential tenants quicker and identify red flags. If you allow a management company to handle the tenant screening, you are also avoiding rental scams that are directed at property owners.
Additionally, you also ensure that you won’t have to deal with time-consuming discrimination lawsuits. Avoiding bad tenants, lawsuits, and scams is by far one of the main benefits that come with hiring a professional property manager.
Uptown Properties uses a 4 step screening process which includes:
- Criminal History Report
- Credit Score
- Income and Employment Verification
- Reference Check
Contact us today to help you find the best tenant for your property. We also maintain a Better Tenant Guarantee- If we place a tenant in your rental and they break the lease in their first rental term, we will secure the next tenant at no cost to you.