What Do Tenant Background Checks Entail?

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For more than three decades, Abbeyhill Realty and Management has been helping property owners who wish to bring profits and stability back to their investments. The firm takes pride in ensuring each client’s needs are professionally addressed and customers enjoy the best property management services available. Abbeyhill Realty and Management won the 2018 Angie’s List Super Service Award and has an A+ rating with the Better Business Bureau. Abbeyhill Realty and Management is known for its transparent bookkeeping practices, real-time financial reporting, and tenant screening and background checks.

Tenant background checks are performed by property management companies on behalf of landlords with an aim verifying a tenant’s history and whether there is any information from the past that might raise a red flag. Background checks vary depending on the information a landlord may be interested in. Most checks begin with a criminal record check, which establishes whether a prospective tenant has been involved in any criminal activities. Having a criminal record doesn’t automatically prevent a tenant from renting a house, as the property owner will decide whether to rent a property to the applicant. If not, the owner needs to notify the tenant of their rejection in writing and provide a copy of the criminal report.

Tenant screening also entails examining credit reports to find out if a prospective tenant has a good credit rating. In this case, the property owner doesn’t see the precise credit score, but can determine if a tenant has ever been sued in the past for not paying rent, has bankruptcy issues, or has any overdue loan or credit card accounts. Additionally, tenant background checks also verify employment history to determine whether a tenant is currently employed and whether they’ve had any extensive periods of unemployment. Finally, many screening checks request for a proof of income such as paychecks to prove that a prospective tenant has an income and will be able to pay the rent.

Five Reasons Clients Choose This Columbus-Based Real Estate Firm

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Abbeyhill Realty and Management is a Columbus, Ohio-based real estate management company. Established in 1987, the company takes a customized approach to property management so as to decrease expenses and increase profits earned by its clients, the property owners. Here are some of the top reasons to choose Abbeyhill Realty and Management to manage your property:

-Experience. The company has been in existence for over 30 years and is fully licensed. Its staff have a deep understanding of property management.

- Focused. The company is 100 percent focused on renting and managing property. It does not get distracted by selling properties, as that is not its core competence. Therefore, it is better equipped to verify the credentials of prospective tenants, collect rent, pay bills, and otherwise manage properties efficiently. Bookkeeping is done in real time and management is available 24/7.

- Versatility. The company manages all residential properties from single-family homes to multi-family buildings and apartment complexes.

- In-house service personnel. The company has an expansive staff that includes plumbers, electricians, contractors, and handymen, all of whom are capable of performing repair and maintenance work. It has also contracted a licensed attorney to provide legal services when necessary.

- Cost-effective. The firm charges management rates as low as 7 percent and has no vacant unit fees or hourly labor markups.