Tenant Screening in Salem, Oregon: How to Find the Best Tenants for Your Rental Home
Mendell Gosnell - Friday, January 23, 2015
A good tenant has a great impact on your success as a landlord, so today we want to share with you some tips on how to find the best tenant for your rental property.
Legal Requirements First, make sure you know the law. It’s very important that you understand the federal Fair Housing Law as well as all the local landlord tenant laws. If you are unsure about the requirements and responsibilities you have as a landlord, check with a property manager or talk to your local landlord association. They will often offer Landlord 101 classes. Staying up to date on the laws is extremely important.
Screening Process The golden rule to tenant screening is to screen every time and do it the same way. Consistency is critical. You need to hand out an application to everyone who inquires as well as a written screening criteria. It’s important to charge an application fee, and use thorough application forms. Once you have collected the application and the fee, hire a background screening agency. In addition to gathering this information, make sure you call references and previous landlords. Check the applicants’ identification and verify employment as well as proof of income. If you deny an applicant, make sure it’s according to your screening criteria. Provide a written letter explaining why the tenants were denied.
Advertising and Curb Appeal Advertising is also an important part of screening and finding the best tenants you can. Create a quality ad so you can attract quality tenants. Check out your property’s curb appeal. Make sure your rental is presented in the best light. This puts your best foot forward and attracts the best tenant you can. First impressions are very important and you want to present a positive one.