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Is Outsourcing Your Tenant Screening Process In Boise, ID A Good Idea?

Is Outsourcing Your Tenant Screening Process In Boise, ID A Good Idea?

How often do you deal with late rent payments, property damages, and troublesome renters? Make sure you're screening applicants before choosing tenants. About 90% of landlords already complete some form of screening.

Without a tenant screening process in place, your renters could end up being more trouble than they're worth. Instead, outsource to a property management company.

Not sure if you want to request tenant screening services in Boise? Read on to discover the benefits first!

Comprehensive Reports

To make an informed decision when choosing tenants, you need to gather all the information you can. Unfortunately, many landlords rush through their tenant screening process. Some only focus on financial information to confirm applicants can pay rent.

You may neglect to consider each applicant's:

  • Eviction history
  • Rental history
  • Tenant references
  • Employment verifications
  • Tenant credit check

Hire an experienced property management company. They'll present you with a more comprehensive picture of each applicant. With their help, you can choose renters that meet all your requirements.

This can save you from stressful situations later.

Streamline the Tenant Screening Process

A thorough tenant screening process can take time. As a landlord, you're busy enough with marketing, maintenance, and other projects. It could take you days or even weeks to screen an applicant.

If you want to fill vacant units, that's time you don't have to waste. Instead, outsource. Your property managers can streamline the process for you.

They won't cut corners. Instead, they'll gather the information you need. Meanwhile, you can dedicate more time and attention to bigger projects.

Follow Tenant Screening Laws

You may neglect to follow tenant screening laws if you lack experience. You may receive a fine or encounter legal issues. Instead, outsource to a Boise property management company.

Experienced managers understand local, state, and federal housing and anti-discrimination laws. They'll protect you by remaining compliant. You can rely on their legal services if you do encounter trouble.

Outsourcing to a third party will protect your best interests. You can reduce your potential exposure to lawsuits.

Save on Tenant Screening Costs

Time is money. Requesting tenant screening reports on your own can become expensive. Meanwhile, you miss opportunities to grow your portfolio while completing this task.

Save on tenant screening costs by outsourcing. Your property managers can assess multiple tenants at once, cutting expenses.

Find Great Tenants

The longer you wait to screen tenants, the longer your units will sit vacant. The vacancy rate in the US is already over 6%.

Outsourcing will ensure you find great tenants you can trust with your rental properties. You'll want to retain these tenants, leading to more lease renewals. You can increase your occupancy rate and ROI.

Outsource With Boise Tenant Screening Services

You don't have to keep screening applicants on your own. Instead, start outsourcing with Boise tenant screening services. An experienced property manager can handle this process, saving you time, money, and stress.

Wave Property Management has 51 collective years of industry experience and a 96% occupancy rate. We specialize in unleashing the potential of your real estate portfolio, allowing you to ride a wave of success.

We can take care of your properties and tenants. Stress less, earn more, and get time back. Contact us to request our tenant screening services.