Property Management Blog

The last thing a landlord wants is to get a bad tenant that defaults on his rent payments. But all screening processes created by property management Portsmouth companies are not equal. Hence it is essential to understand the steps that the company will take in order to save you, the landlord, from what turns out to be a bad tenant in the future. Many times, tenants put their best steps forward and portray themselves to be the ideal candidates. Naturally, at a later stage, landlords suffer greatly due to delinquent payments etc. The companies should be equipped to deal with such matters. Scams are also becoming frequent in property management. Many scammers are known to break into the housing units, 'show the property' to tenants, collect the security deposit and disappear. Management companies need to protect landlords and their properties from such occurrences. Companies need to implement comprehensive screening tests for getting good tenants: they must contact former landlords, verify their employment and income, verify all application information including evictions, bankruptcy, etc. If the company you are considering to manage your property does not perform such screenings themselves, do find out about the third party company hired for the job. These things can help you ascertain proper tenant screening methods o avoid hassles down the road.