Brought to you by Radaris:
Whenever you’re about to rent your property to anyone, there are a few things that you must go through or check about the person you’re renting to first.
When you’ve decided to rent the property and generate some extra income, it’s essential to know about the personal background of the person you’re renting to and to check other types of background history as well to be sure you don’t want to give your property to someone who won’t take care of it or pay.
Following are several things that you must check on someone before renting them your property to ensure that the person is trustful and your property is safe:
1. Do a Personal Background Check
To check that the person you’re renting your property to can legally stay in the city, and to check that the information they provided, like their name, phone number, past address, and background history, are valid and accurate, you have to run a full background check. Many platforms give you a background check for free, and many free people finder in the US tools give you detailed information even if you only know the name or the phone number of a particular person.
2. Do a Credential Check
To make sure that the person you’re renting your property to can pay the rent on time, you can do a credential check. You can ask the person for a business card or an employee ID to get an idea about their business background. To make sure that the person is being honest, you can do a business background check. There are many websites like Radaris that allows you to do business as well as a property background check.
3. Ask for References from a Few Previous Landlords
To ensure that you’re renting your property and putting it in good hands, you need to contact some of the potential tenant’s previous landlords. If you do this, you’ll have an idea of how the person has cared for previous properties, and you’ll be able to determine if your property will be safe. If the person is a first-time renter, you can ask for references that know him outside relatives or work.
4. Check Who Will Be Staying on the Property
This is as important as running a background check because you have to make sure you’re aware of everyone who will be staying on the property. It doesn’t matter if you rent the property to families or a single person. You have to do a check on the number of people who will be staying there.
When it comes to renting the property to one person, you should add the names of all the people who will be living there. When you’re renting the property to a family, verify the number of family members. Checking this is essential because you don’t want that to you rent your property for residential purposes and later learn it’s being used for business or any other purposes.
5. Run a Criminal Background Check
No matter who you rent your property to, you have to make sure that your property will be trustworthy, and the neighbors around the property will be safe. You can run a criminal background check of the person using many online platforms. This will help you determine if the person you’re thinking or renting your property to is dangerour or not.
These are just a few things that you must check on someone before renting them your property. Once you do all of these checks, you’ll feel more confident that your property is in good hands and is safe.