Posted By Barry Nixon on January 10, 2015 at 12:00 am
Property owners who are new to investing will undoubtedly have concerns about who it is that will live in their asset. While problems with tenants causing damage are not as commonplace as some may have you believe, screening tenants will help you select a better qualified occupant and feel more at ease with your selection.
When you are screening tenants, even if you pick very carefully, there is always the possibility that they will not treat your property the way that you would have hoped for. Prepare adequately with the right insurances to provide yourself a safety net.
You are checking for two primary things when screening tenants:
1. Can they afford this property?
2. Will they look after the home?
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Post By Barry Nixon (262 Posts)
W. Barry Nixon is the COO, PreemploymentDirectory.com the leading background screening information portal and online worldwide directory of professional background screening firms and Suppliers to the background screening industry. He co-authored the landmark book, Background Screening & Investigations: Managing Hiring Risk from the HR and Security Perspective. He also is the publisher of award winning newsletters, The Background Buzz and The Global Background Screener, and the author of the Background Checks column in PI Magazine.
In addition, Barry is a past recipient of the elite ‘Top 25 Influential People in Security’ by Security Magazine and past Co-Chair, International Committee for the National Association for Professional Background Screeners (NAPBS). He currently serves as a Global Ambassador for NAPBS.
You can contact Barry at 1-949-770-5264 or online at wbnixon@preemploymentdirectory.com