The owners of a property, whether residential or commercial, are often worried about the tenants. They may have the feeling that bumping into a wrong person and keeping him or her as a tenant may cost them damage to the property, irregular and untimely rents, or other insecurities. To get rid of such issues, Vertical Rent has come forth with extremely efficient tenant background screening and rental property management software. The technology is easy to use and highly efficient as it is equipped with features which can assist in the tenant background screening. The company came into existence in 2011 and had been running consistently and effectively. They are offering services in all the 50 States of the country.
Often the owners take stress regarding the credibility of the tenants. They are the victims when it comes to tenant misbehavior and untimely payment of the rents. Such possibilities spark fear in the mind of the owners, and they hesitate to give their premise on rent. But the system is advanced and has proved to be highly advantageous for the real estate brokers, landlords, and property managers.
With the help of the system, the users can collect rent online, check tenant credit, advertise and market the vacancies of the premises, manage rental financials, and communicate effectively with the tenants.
Tenant Background Screening
It is better to invest some time and conduct a thorough check of the background of the prospective tenant. It will reveal the credibility of the prospective tenant and minus the problems which the owner may have faced in the future. In this way, the owners will be able to rent out their premises to worthy tenants and save their property against damage or evictions. The renters can run a comprehensive check about the background of the tenants and look forward to having a hassle-free interaction with the people who are genuine.
In a rental application form, the tenant may falsify or play with information. This misleading information can turn out to be a disaster for the landlord. The screening of the tenant with the use of technology can help in the revelation of the following points:
• The technology-based software will enable to check the income ability of the prospective tenant.
• It also keeps a track on the tenant as far as evictions are concerned. No landlord would like to rent the premise to a person who has been evicted before.
• It can help to get some references of the tenant. The background check can also assure the character of the person.
Another benefit of using the system is the Online Rent Collection. It is one of the most popular methods used by the landlords these days. The terms of the lease can be set, and the tenant has to sign-up for the online rent collection. The process is very simple, and a regular flow of the rent is assured. The users of the software are happy with the efficiency of the process.