Fort Worth Rentals | Protecting Them through Tenant Screening

 

Property managers in Fort Worth agree that taking a closer look at rental applications will help protect your investment property. In 2011, the number of renters grew by one million, in what amounted to the largest one-year jump the rental market has ever seen. Although there may be increased demand for apartments these days, many landlords are noticing a distinct lack of qualified tenants. Doing all you can to protect your Fort Worth rentals-including working with a property manager to thoroughly screen tenants-can help you make sure that your investment property provides a reliable monthly cash flow. Here are few questions to ask Fort Worth property management companies about the screening services they provide:

 

  • How can you protect my property against rental scams? With rental scams rampant, you want to make sure that your Dallas property management company has a strategy in place to protect your property. Some scammers will target properties that are obviously vacant. Make sure that your property manager will take steps to make your vacant rental property appear as if it is occupied.

  • Will you hold a property for a tenant? If a resident is approved for your investment property but cannot move in immediately, many residential property management companies in Dallas, TX will take the property off the rental market. Make sure that your property manager charges a non-refundable fee for doing this.

  • How do you screen tenants? Screening tenants for rental properties in Dallas, Texas is a property manager's number one duty. Make sure yours takes a comprehensive approach to tenant screening. This should include:

    • Criminal history. Many residential property management companies in Dallas, TX will not rent to felons. If you fell that your property would benefit from a wider pool of applicants, be sure to discuss the non-protected categories of renters to whom you would like to rent.

    • Credit history. In recent years, it has become harder and harder to find tenants with good credit scores. Talk to your property manager about what their organization considers a good credit score to be.

    • Eviction history. If an applicant demonstrates a history of evictions from rental properties in Dallas, Texas, he or she will likely become a problem tenant. Make sure that the property manager you are working with conducts an eviction history search for each tenant that applies.

 

If you are working with Fort Worth property management experts, you are doing all you can to protect your property against bad tenants. Property managers in Fort Worth know that during the screening process, tenants put their best foot forward. It is important to choose a Dallas property management company that will thoroughly screen each tenant who applies for your investment property. If you have any more questions about tenant screening, talk to a OneProp DFW property manager today.

 

 

 

 

 

 

 

ONEprop, Inc. is a Real Estate Brokerage licensed by the State of Texas, TREC license number 414305