Tenant screening is one of the best ways to ensure that your property will be taken care of and that tenants will fulfill the terms of the lease agreement, i.e. pay rent! At Blueoaks Property Management we look at many things besides credit score when it comes to finding a trustworthy renter for your property. Our comprehensive tenant screening process includes:
Credit checks give you access to data that shows whether or not a potential tenant has a history of making various payments on time. Obviously, the only way your real estate makes money for you is if a renter pays every month. Since the credit report includes loan history, credit card history, and rental history, it gives you a good idea of whether it’s worth moving forward with a prospective renter. If a tenant’s history comes back with less-than-ideal data, it allows us to weed out ineligible applicants and spend our time and resources on getting the best candidate for you.
Current income is another element of our tenant screening reports. A common measurement in the rental industry is to have renters who can afford to spend about 30% of their gross income on rent. By verifying their monthly income, we can keep your investment safe by approving tenants who meet that criteria. When screening tenants, it’s important to determine if they can afford your property so they don’t end up in default for living above their means.
At Blueoaks Property Management we look at previous rental history to ensure your property will be treated right. Previous rental history provides a record of how the potential tenants have treated a rental property in the past so we can evaluate how they’ll care for your property if approved.
If a hopeful tenant has been evicted from previous locations as a property owner or management company, we want to know about it. It’s not immediate grounds for dismissing their application, but it’s an important aspect to know about a potential renter. By performing tenant background checks, we aim to save you from the possibility of having to evict a tenant for criminal behavior onsite or off.
We follow the fair housing law and treat each individual equally in the screening process. As defined and regulated by the Fair Credit Reporting Act (FCRA), we design rental applications to fairly collect the following information as part of our tenant screening process for landlords:
Personally identifying information (names, social security number, date of birth, etc.)
Current address
Criminal history (if applicable)
Rental background check
Eviction history (if applicable)
Additionally, prospective tenants are given the opportunity to agree to the terms and conditions of a tenant screening report. We carefully follow all FCRA obligations and abide by tenant screening procedures to ensure the accuracy of the information provided.
We understand that property owners and landlords rely on tenant screening to compile information that adequately vets prospective tenants, and we design our tenant screenings so that you can confidently arrive at decisions based on your tenant criteria.
Background checks are both customary and expected in a variety of professional relationships that require mutual trust. Property rental and leasing are no exception. In addition to a complete tenant screening, you may want to require a background check that more thoroughly compiles employment, credit, and criminal history; all of which are crucial factors in deciding who you may or may not want to rent or lease to.
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This information is sensitive and requires a variety of laws to protect the right to confidentiality; laws that we take seriously to ensure your safety as a property owner. We take pride in performing thorough, swift, and efficient background checks that further ensure the security of your property based on the personal and professional character of your prospective tenants.
Tenant screenings and background checks are only part of a comprehensive bundle of property management services we offer. Because we know the ins and outs of property management, we confidently provide additional services:
Browse our available properties to see the quality homes we manage, and check out client reviews for Blueoaks Property Management below.
Whether this is your first property or tenth, we are here to answer all of your questions. Don’t hesitate to reach out to us and ask. Contact one of our qualified team members to get your property set up with Blueoaks today.
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Lawn care is included in our services, so we’ll monitor the condition of your yard and hire out weekly mowing.
We charge late fees for unpaid rent, and we start the eviction process when necessary.
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Blueoaks Property Management was founded by property owners. Our property management methods have been developed with property owner’s needs as the driving force of our business model.
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