
You've made wise real estate investments. Now it's time to get occupants into your unit and begin seeing a great return. You don't want just any tenants, landlords want people to pay rent on time and keep the unit in good condition.
To achieve this goal, tenant background checks will help weed out people with poor rental histories. Background check websites make the process easier. You can avoid false discrimination claims when applicants are upset about denials.
Make sure that your rental property is in good hands and that you've chosen the right tenants. Here are the five best tenant background check websites in 2022 and why you need their services.
What Does Background Check Websites Offer?
Background checks offer valuable information you can't get from a simple paper application from potential renters. First, you need to know how to run a background check for renters to get the right information. Using a third-party company for tenant verification can cover multiple screening services.
Here are a few:
- Credit history
- Criminal background check
- Employment history
- Eviction history
- Income verification
- References from landlords
Although these services come with a fee, some background check websites offer payment options. You can pay for the tenant background checks or pass the cost on to the applicant.
1. Apartments.com
Apartments.com allows potential renters to tour properties online and complete the application process from their website. Applicants can rest assured that their personal data, including SSNs, are secure.
The company uses Transunion for information on the applicant's criminal and eviction history. In addition, they require identity verification so you know the applicant is the actual renter.
2. Avail
Avail offers a long list of tenant verification services. Their income verification, employment, and rental history reports are offered at no cost. If you choose to use additional features, it comes at a cost but can get passed on to the applicant.
3. MyRental
MyRental's tenant verification process is data-driven. They pull information from various sources and use the data to create a renter's score. You then have the option to use the rating to determine if someone is a good candidate.
The SafeRent Scores range from 200 to 800.
4. RentPrep
RentPrep offers tier-leveled tenant screening reports to fit the needs of their clients. Property owners can choose a basic package and add reports from an ala carte menu.
5. SmartMove
SmartMove is a product of Transunion, the credit reporting service. They have accurate reports from multiple sources. The tenant initiates the application from a secure website.
It's Time to Get Tenants into Your Property
Utilizing background check websites to match your properties with the right tenants will give you peace of mind. It's also easier and faster than conducting the background checks yourself.
You can take your investment to the next level. Hire a property management company to handle all aspects of managing tenants and your property.
If you own rental units in the San Antonio area, we'd love to talk to you. Click here to let us know about your property and how we can help.