How well do you know your tenants? According to marketplace research company Consumer Reports, nine in 10 landlords rely on tenant screening reports. However, do-it-yourself platforms only provide vague, thumbs-up or thumbs-down recommendations.
Inaccurate reports could leave you with troublesome renters. They could damage your Portland property or pay rent late.
Instead of choosing unreliable landlord screening solutions, start outsourcing tenant checks. On the fence? Read on to discover the benefits of outsourcing today!
Detailed Rental Background Checks
Do-it-yourself landlord screening solutions only provide a vague yes or no recommendation. You can't make an informed decision when selecting renters based on these reports.
In fact, many of these reports are outdated or inaccurate. The Consumer Financial Protection Bureau received 26,700 complaints between January 2019 and September 2022. About 65% of these complaints mentioned inaccurate information in the reports.
Instead of using a do-it-yourself platform, look for property management in Portland. Your property manager will provide detailed, comprehensive reports, including:
- References
- Eviction histories
- Rental histories
- Credit scores
- Criminal background checks
- Employment verification
This information will give you peace of mind that you're choosing a reliable, trustworthy renter. You won't have to worry about them paying late, breaking the lease, or damaging the property.
Save Time Outsourcing Tenant Checks
Screening dozens of applicants each week will steal time from your already busy schedule. You could dedicate this time to bigger projects, building your portfolio, or relaxing. Instead of doing it yourself, request tenant screening services.
Outsourcing tenant checks will streamline the process. Your property manager won't cut corners to complete the task in a timely manner. Instead, they'll rely on professional tools to complete it efficiently and accurately.
Screening applicants quickly will help you fill vacant properties as soon as possible. The sooner you fill those units, the sooner you can generate income.
Generate More Passive Income
Using a do-it-yourself platform can get costly. Outsourcing will save you both time and money.
Your property manager can screen multiple applicants quickly and efficiently. Their resources will reduce your operating costs. You can use these funds to cover property maintenance, marketing, and other expenses.
As you fill vacant units, you'll generate more passive income. Working with property management in Portland can boost your ROI.
Avoid Costly Errors
Neglecting to follow tenant screening laws can lead to fines or lawsuits. Instead of worrying, partner with a property management company. Rely on their experience and expertise to avoid making costly mistakes.
Your property manager will ensure you're adhering to screening laws and regulations. If there is legal trouble, you can turn to them for advice.
Rely on Tenant Screening Services Today
Screening multiple applicants can take time from your already busy day. Instead, rely on professional tenant screening services. Working with a Portland property management company will save you time, money, and stress.
DJC Management is committed to delivering personalized, unparalleled services. Our comprehensive range of services can help maximize your earning potential.
Trust our tailored approach, attentive team, transparent financial reporting, and proactive solutions. Contact us now for a free property consultation.
