At RMA, we understand the importance of placing responsible tenants in your rental property. That’s why we offer a comprehensive tenant screening process designed to identify qualified individuals who will pay rent on time, care for your property, and contribute to a positive living environment.
How Our Screening Process Protects Your Investment:
Creditworthiness
A credit check is a valuable tool, but it doesn’t tell the whole story. We go beyond the basic score to assess an applicant’s financial responsibility. Here’s how:
- Credit Report Analysis: We analyze the credit report for factors like outstanding debts, delinquencies, and payment history on various credit lines. This paints a clearer picture of an applicant’s ability to manage their finances and prioritize rent payments.
- Debt-to-Income Ratio: We calculate the applicant’s debt-to-income ratio to understand how much of their income goes towards existing obligations. A low ratio indicates a greater capacity to handle additional financial commitments like rent.
Rental History
- Contacting Previous Landlords: We directly contact past landlords to get firsthand insights into an applicant’s history of on-time rent payments, property care, and adherence to lease agreements. This helps us identify any potential issues early on.
- Verification of Lease Terms: We verify the details of previous leases, including rent amount, lease duration, and any history of lease violations. This provides a comprehensive understanding of an applicant’s rental behavior.
Employment Status
Employment verification is crucial for ensuring financial stability and the ability to meet rent obligations. Here’s how we approach it:
- Income Verification: We contact employers to verify the applicant’s current employment status, salary, and length of employment. This helps us assess their ability to afford the rent and maintain their financial commitments.
- Income Stability: We consider the stability of the applicant’s employment. Consistent employment history with a reputable company indicates a lower risk of financial hardship that could impact rent payments.
Background Checks
Background checks are an essential layer of security for your property and other tenants. We conduct thorough background checks that explore:
- Criminal History: We screen for criminal records that could pose a threat to the safety and security of your property and other residents.
- Eviction History: Eviction history can be a red flag. We check for past evictions to identify any patterns of non-compliance with lease agreements.
- Sex Offender Registry: We verify the sex offender registry to ensure the safety and well-being of all tenants, particularly in properties with families or children.
The Importance of Tenant Screening
Tenant screening is an essential part of the rental process. RMA assesses the potential risks associated with renting a property to a particular tenant. By conducting a thorough screening, we can evaluate the applicant’s creditworthiness, rental history, employment status, and criminal record. This information enables us to make an informed decision on whether the applicant is likely to be a reliable tenant who will pay their rent on time, maintain the property, and follow the rules and regulations.
Protecting the Property Owner's Investment
Our goal is to protect the property owner’s investment by screening out prospects who are more likely to cause damage to the property or engage in illegal activities. By screening potential tenants, landlords reduce the risk of having to deal with costly evictions, property damage, or legal issues.
Ensuring a Safe Living Environment
The tenant screening is crucial in ensuring a safe living environment for all tenants. A comprehensive screening process can identify individuals with a history of criminal activity, delinquency and other problematic behaviors that could jeopardize the safety and well-being of other tenants.
Fostering a Harmonious Living Environment
Additionally, a meticulous tenant screening process also helps in maintaining a harmonious and pleasant living environment within the rental property. It ensures that the existing tenants can enjoy a peaceful and respectful coexistence with their neighbors. A carefully selected tenant can contribute to a sense of community and contribute to the positive atmosphere in the towns and HOAs within the Lowcountry.
Benefits for Property Owners and Applicants
Tenant screening doesn’t just benefit the property owner but also the applicants themselves. It allows us to find the most suitable tenant for the property, matching their needs and lifestyle with the rules and expectations of the rental community. This ensures that the tenant’s experience is a good one, increasing their likelihood of staying in the property long-term and developing a positive landlord-tenant relationship.
Why Choose Us ?
- Reduced Risk of Eviction: By identifying high-risk applicants, we minimize the chance of costly evictions and legal complications.
- Peace of Mind: Relax knowing your property is in the hands of a responsible tenant who will respect the lease agreement and maintain the property.
- Finding the Right Fit: We go beyond just screening – we consider applicant needs and preferences to ensure a good match with your property and existing tenants
Let Us Find Your Perfect Tenant!
Our thorough screening process benefits both you and potential tenants. You gain peace of mind knowing your property is in good hands, while qualified applicants are placed in a suitable rental environment. Contact RMA today! We’ll handle the screening process efficiently and professionally, so you can focus on maximizing the return on your investment.
Get In Touch
Our Location
Prefer a face-to-face conversation? We’d love to see you in our Bluffton office! Our friendly staff is happy to answer any questions you have in person.
Work Hours
9 AM – 4 PM, Mon-Thur and 9 AM – 12 PM, Fri