If you are a landlord, you know how lucrative and exciting it can be to collect rent. If you are experienced, then you already know that the greatest assets to a landlord are great tenants who always pay on time. The opposite is also true. A landlords life can be greatly complicated and can quickly spiral out of control if they are not careful about whom they are renting their building to. There are a few key reasons and tips that every landlord can benefit from when finding out exactly whom they are renting to.
The most powerful weapon of the wise landlord is a background check. A background check of many types can be supplied by a number of firms which specialize in collecting the information which paint a valid picture of a person’s background, most specifically their
criminal background.
As a landlord, it is important from the business perspective that you know exactly whom you are entrusting your building with. A horrible tenant can lead to damage of any type, as well as lost profits. The landlord is also responsible from a moral perspective to make sure the person he is making the neighbor of his other tenants isn’t a predator. ...