According to a Zillow survey of over 1,000 rental property owners, it's not uncommon for landlords to have problems with their tenants. This includes issues like late rent payments, property damage, or even legal disputes. These problems often arise when there are gaps in the tenant screening process.
When you don't take the time to check a potential tenant's background, you risk renting to someone who could cause serious issues for you and your property. In this article, you'll learn exactly what we look for in a tenant criminal background check to find clients responsible renters.
Identity Verification
Identity verification is an important part of the tenant screening process. It helps ensure that you are renting to the right person and adds an extra layer of security for both you and your property. To get started, applicants provide a government-issued ID, like a driver's license or passport, which confirms their name and address.
In addition to the ID, we check the applicant's Social Security number to make sure everything matches up. This step in rental application screening is essential for confirming that the information provided is accurate and helps protect you from potential risks.
Tenant Criminal Background Check
We conduct a thorough search to check for any past criminal convictions that may be concerning. This includes looking at both local and national databases to gather a complete picture of the applicant's background. We also review the national sex offender registry. By including criminal record screening in our process, you can make informed decisions about who to rent to and create a safer living environment for everyone.
Financial Stability Assessment
Financial stability assessments are a key part of our background check for tenants that helps you understand an applicant's ability to manage their finances. We begin by reviewing the applicant's credit history, which provides valuable insights into how they handle their financial responsibilities. A strong credit score often indicates that the applicant pays their bills on time and manages debts well.
Next, we verify the applicant's income to ensure it meets your rental requirements. This involves looking at documents like pay stubs or bank statements to confirm their earnings. By assessing both credit history and income, you can feel more confident that your potential tenant will be able to pay rent consistently and manage other financial obligations.
Compliance with Fair Housing Laws
Compliance with fair housing laws is a fundamental part of our tenant screening process. These laws are designed to ensure that all applicants receive fair treatment, regardless of their background. We make it a priority to follow these regulations, which protect individuals from discrimination based on:
- Race
- Color
- Religion
- Sex
- National origin
- Familial status
- Disability
Your Solution to Hassle-Free Renting
Working with PMI Central Iowa means you have a dedicated team that prioritizes your investment and ensures compliance with fair housing laws. By incorporating a tenant criminal background check and financial stability assessment we help you select reliable tenants who will care for your property and pay their rent on time.
If you're ready to enhance your tenant selection process and protect your rental property, we invite you to contact us. Our experienced Des Moines property management team is here to provide you with the support you need and answer any questions you may have.
