Is Outsourcing Your Tenant Screening Process a Good Idea in Jacksonville, FL?
Tenant screening is one of the most stressful parts of being a landlord in Jacksonville, FL. If you get this wrong, you set yourself up for a challenging leasing experience. There are laws you need to follow that can jeopardize the profitability of your rental if you violate them.
The simplest solution is to outsource your tenant screening to a property manager. When you outsource, you can enjoy these benefits.
Streamlined and Efficient
Outsourcing your tenant screening to a property management company will streamline the process. Property managers have a process in place and use technology to automate many tasks.
You can access these professional quality screening tools by outsourcing your tenant screening. This could include a tenant portal that has an application screen. That way, all applications get automatically digitally filed.
Application management becomes easier as you can easily see the status of each application from a single dashboard.
Landlords must comply with housing laws when performing a credit or background check. Hiring an experienced property management company can help landlords follow state and federal laws.
One of the most important is compliance with the Fair Housing Act. This federal act protects applicants and tenants from discrimination for being a protected class member.
No Personal Influence
When looking for quality tenants, you need to maintain your standards. Don't allow your personal feelings to influence your decision. There are 5 million households currently behind on their rent.
For some, the reason could be beyond their control, and they would still make a quality tenant. For others, this is not the case.
Outsourcing your tenant screening ensures tenants in your rental can pay their rent.
In addition, if friends or family want to rent from you, this can present a conflict of interest. As a landlord, they may not be the ideal tenant.
However, you don't want rejection to impact your personal relationship. Outsourcing your tenant screening removes you from the process and separates your landlord role from your personal relationships.
Paying for tenant screening out of pocket can get expensive. You need to pay for a background and credit check. Then there are time costs.
You need to spend time verifying the applicant's job and rental history. This can take a significant amount of time.
Outsourcing your tenant screening saves you both time and money. Your property manager performs the verification for you so that you don't spend time making calls.
Your property manager also performs more screenings so they can secure volume discounts you wouldn't be able to access yourself.
Outsource Your Tenant Screening
When you outsource your tenant screening, you save money and streamline your screening process. Working with a property manager helps you stay legally compliant while reducing screening costs. Your property manager can be a buffer between you and the applicant so that only high-quality tenants get approved.
At PMI River City, we work with property owners in Jacksonville to help them screen applicants. Our experienced team can seamlessly integrate into your screening efforts to streamline and improve the process.
Start placing better quality tenants in your rental by outsourcing your tenant screening to PMI River City.