Monday, August 8, 2011

Tenant Background Checks

There are so many elements to owning rental properties—it’s no wonder the services provided by companies like Fred Leeds Property Management are in high demand. In addition to worrying about collecting rental payments, there are concerns about damage occurring to your properties, as well as your tenant’s behavior and potential to be a liability. That’s why we recommend that, whether you’re or not you’re working with the team at one of Fred Leeds properties, you conduct criminal background checks on applicants before letting them move into your rental units.

A criminal background check will advise you of a potential tenant’s criminal convictions, including arson, battery, and other serious offenses, as well as minor criminal charges. Having this information allows you or your property manager to make well-informed choices regarding the tenants of your rental property.
Another important reason why the staff at Fred Leeds Property Management feels strongly about conducting criminal background checks is that it provides information regarding sex offenders that may apply to rent one of your units. While sex offenders are required to update their residences with governmental agencies in most states, they do not always abide by this law.
Keep in mind the importance of criminal background checks when deciding how to manage a property. To browse listings of Fred Leeds properties, visit www.FredLeedsProperties.com.

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