As a landlord in California, you may have experienced the challenges posed by the new just-cause eviction requirements. Because evicting tenants is harder to do, you've probably had to invest more of your time and money into finding tenants you never plan to evict.
Luckily, there's a solution that can alleviate this burden for you. By outsourcing the mundane tenant screening process to a professional service, you can free up valuable time to focus on other property-related tasks, like management and accounting.
We know it's hard to trust someone else with the decision-making process for your building, but it's a necessary step at times. Read on to determine if a tenant screening service could be the ideal solution for your property.
Pros of Outsourcing the Tenant Screening Process
You'll be working with professionals who have experience conducting a thorough tenant background check. These screening companies know what to look for in a potential tenant's application, including credit checks, employment verification, and past rentals. It's best to have someone with a trained eye identify red flags in potential renters.
Time-Saving Benefits
Choosing tenants out of hundreds of applicants is a headache you no longer have to deal with. By outsourcing this process, you can save valuable time that can be redirected toward rent collection and property maintenance.
Access to Additional Resources
Screening companies have extensive details about potential tenants-information most landlords won't be able to find. This access allows for a more thorough and accurate assessment of applicants, enabling you to make smarter decisions about who to accept as tenants.
Cons of Outsourcing the Tenant Screening Process
While entrusting your tenant screening process to a third party can have its benefits, outsourcing also means relinquishing some degree of control. As rental property tenants are a crucial aspect of property management, it's natural to want a say in the tenant screening process. However, outsourcing interferes with your preferred approach to selecting and approving tenants.
Potentially Higher Costs
While outsourcing prevents costly mistakes, the charges for tenant screening services can vary significantly from provider to provider. To keep prices in your budget, compare pricing structures and understand any additional fees or charges that may arise from each provider
Cultural Barriers
If you're managing a rental property in Contra Costa, you probably have a diverse group of tenants. As such, cultural differences and language barriers will come into play when you hire a screening service.
It may be challenging for some of the potential renters to communicate with the screening provider. Furthermore, their documents may be in another language, and the screening provider may not be able to translate them.
Luckily, you can easily get around this problem. Opt for a tenant screening company that offers translation services.
The Best Tenant Screening Service in Contra Costa
While outsourcing limits your control over the tenant screening process, it saves time and leads to better renters. Instead of burdening your to-do list with another heavy task, get help from PMI East Bay, the go-to solution for tenant screening services in Contra Costa. We'll carefully screen all prospective tenants so you can focus on saying "yes" to the best ones.
