5 Things To Look For When Screening Tenants in Orange County

By knowing these things to look out for when the time comes for screening tenants in Orange County, you’ll avoid making a mistake that could be both a personally and financially costly lesson. Call H&M Realty Group today to learn more at 949-625-4533. 

While it is common practice to run credit checks as a routine part of your tenant screening process, there are some other basics that should be a part of your checklist. Failure on your part to stick to your tenant screening checklist could end up costing you potentially thousands in property damage or even worse, lawsuits, and the eviction process.

Not to mention putting strains on personal relationships. Read on to avoid the loss of sleep and headaches making these mistakes can bring.

No Exceptions

Despite how impressed you may have been with someone, it’s bad business sense to begin skipping any of the steps in the process. No matter how busy you may be, it’s wise to plan ahead and put in the time required to properly manage your Orange County property. No matter what, every applicant requires a thorough screening process.

Face to Face

You’ll want to have met in person as the starting point when you’re considering a tenant for screening, mainly because lies to your face are usually not so easy to pass off. Ask basic questions before ever handing them any paperwork or asking for a signature on anything.

As you may be dealing with each other over the long term, a mutual benefit of this personal encounter is in the building of a positive relationship.

Background Check

A background check provides facts for strong consideration, within the confines of the laws that govern real estate regarding criminal background checks. Along with the credit check, for a full picture of the tenants you may be dealing with for years to come, a background check is a must as a part of your screening checklist. The results should be weighed not only for your own protection, consider the value of the property as well as the immediate neighbors in Orange County you’ll be exposing to your tenants.

Don’t Delay

You’ll need to be available to jump into action when you have a new tenant application to screen. The last thing you want is to be paying the full expenses of sitting on an empty Orange County investment property so you will want to get it rented as quickly as possible. Remember too, it is highly likely your property is one of many that are being pursued by a great tenant. Delaying could result in their becoming someone else’s dependable and troubleless income stream for years to come.

Check References

References can bring issues with dependability or responsibility to the surface and should be done for every single applicant without exception. It is important when you are screening tenants in Orange County that you are provided with contact information for their current employer and landlord. While the credit check and background check may be informative, they are only part of the formula for a successful outcome. When you check their references, keep an eye out for any dates that don’t line up, leaving unexplained gaps in employment or rental history. This could indicate they’re hiding poor work ethics or even possible evictions. Another warning signal are blank spots where a reference should be, the odds are that they’re concealing the full picture because of a negative past.

We’re experienced at screening tenants in Orange County and happy to assist you with the process. If it’s time to begin reviewing potential tenant applications for your investment properties, we invite you to turn to our professionals for assistance with any questions. Send us a message or call H&M Realty Group today 949-625-4533.

Joe

Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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