Why a background check is so important in Connecticut.

Reblogger David Popoff
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

Thanks to Zach for writing this article on the Why's of a background check and for the How's of a background check click on Steps To A Tenant Back Ground Check.  by DMK Property Management LLC in Darien, Ct.

 

 

Please leave comments on original post below.

 

Original content by Zach Devine

As a new landlord, you may not realize the importance of getting a background check on a prospective tenant. A rental property is an investment that can pay your mortgage if you rent it to a desirable and responsible person. Using tenant screening services is a reliable way to find someone who respects your property and pays the rent on time. Even if you think that you are a good judge of character based on first impressions, you can benefit from the expertise of professionals to help you make a good decision.

What a Tenant May Conceal
Your primary concerns as a landlord are to find a tenant who agrees to preserve your property and to pay you for the use of it. Your obligations as a responsible landlord are to present the property in good repair when you let it out for lease or rent, to make sure to repair anything that breaks down and to allow your tenants the quiet enjoyment of a rented home. In return, you expect a prospective tenant to provide factual information about personal history items such as these:

  • previous physical and email addresses
  • family size

As a responsible landlord, you can use such information to narrow your list of potential tenants. However, there are other pieces of information that are more valuable. Negative facts that reflect poorly on a person are not likely to come forward in your tenant interview, and that is the main reason that you need to use tenant screening services to find out about these:

  • illegal or criminal activity
  • aliases 
  • credit history
  • participation in illegal activities

You may have heard the adage that warns against marrying in haste with the subsequent possibility of repenting in leisure. If you select a tenant who is not suitable, you are likely to have the sad experience of dealing with the consequences. Missed rental payments and damage to property are common problems that happen in rental agreements, and the security deposit that you require may not cover all of your losses.

Avoid Problems Later
Many jurisdictions make it difficult for a landlord to evict a tenant, and there are usually expenses associated with it. You may have to provide written notices, hire a sheriff or other official to deliver it in person and wait for the process to produce an eviction notice. Make a wise decision to eliminate undesirable candidates with tenant screening services so that you do not have to take legal action later.

Zach Devine, Marketing
RentApp.com (A Service of AppFolio)

 


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This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Connecticut Fairfield County Greenwich
Groups:
Realtors®
Sotheby's International Realty
CT Shoreline
Connecticut Professionals
Investment Property (USA)

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Rainmaker
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Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is important to do background checks so the investor does not end up with a sever problem.

Apr 29, 2013 05:20 AM #1
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi David.  Renting is a business.  Run it like one and find out about the prospective tenant.

Apr 29, 2013 08:20 PM #2
Rainmaker
2,012,722
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I do background checks all the time, for rentals and employees. The cost is a bargain, especially when we find a problem.

Apr 29, 2013 11:49 PM #3
Rainmaker
746,671
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Renting your home is running a business, best to follow proper procedures.

Jun 24, 2013 09:38 AM #4
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Rainmaker
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David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
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