Tenant Verification Protects Rental Property Investments

There are many free tenant screening providers available on the Internet with a quick Google search. The process of verifying tenant is certainly an important aspect of protecting your rental property investment. The aspect of free tenant screening is basically centered on the fact that the landlord invites the applicant to pay for the tenant credit check and share it with them.

Requesting a rental credit check using your prospective tenant’s name, email, or mobile phone number is really all you need to get started with a free tenant screening provider like VerticalRent®. By leveraging tenant credit check services to quickly screen applicants, you can rest assured that the tenant you choose is financially viable to pay rent on-time and in-full every month.

Not verifying tenants with a background or credit check is risky business. Imaging giving up the keys to your rental property on a whim and a prayer. Can you believe many landlords actually do that? They consider themselves such good judges of character that they bypass the entire background check and forgo using the best tenant screening services available today. Doing so is risky business and should be avoided. The cost of running checks on prospective applicant’s is minimal compared to the average cost of an eviction.

Did you know that the average cost of an eviction can exceed $4,000? Why would you risk the cost of an eviction and quality of your rental property? With over 40 million renters in the United States and growing, the business opportunity for small American landlords continues to grow and grow. There is money to be made and people can build their retirements around rental property investment. Just like an insurance policy, a tenant verification is your protection against an expensive eviction proceeding.