Recognized around the world for its football program and made famous by Joe Paterno and the Nittany Lions, Penn State is one of the most well-known universities in the country. For landlords who own property in State College, the rental market can be a lucrative business. With so many college students continually in town, there is a constant flow of business. While a never-ending supply of applicants waiting to fill your vacancies can be a good thing, it is also important to take care to ensure you choose the right applicants for your properties.
Why Tenant Screenings Are So Important for Landlords
The reality is that you can never be certain of who is renting your properties unless you perform proper tenant verification. Suppose your tenant has had a brush with the law in the past. Now, suppose he or she continues these illegal activities while residing in your property. This could lead to possible damage of your property as well as liability issues for you. Even the security deposit you charge is likely not enough to take care of such issues. The only way to know whether an applicant is likely to be a responsible tenant is to conduct a tenant screening.
Many landlords find that the process of running a tenant screening can be burdensome, however. In addition to taking the time to do it, you also need to know where to turn to find the information you need to run a credit and criminal background check. It's little wonder that so many landlords in State College, Pennsylvania, just skip the process altogether. This can lead to disastrous results and is something that should be avoided.
Running Free Tenant Screenings
Naturally, as a landlord, you do not want to take any longer than necessary to fill a vacancy. By relying on a free tenant screening service like VerticalRent, you can get all of the information you need to make a rental decision quickly and easily. As a result, you do not have to worry about taking unnecessary time to run checks and fill your vacant units. Instead, you can fill your vacant units with responsible tenants and rest easy knowing that your investment is protected.
The last thing that you want to happen when you own rental property is to discover that you have rented your property to someone who is has destroyed it or who has left you with liability issues due to criminal activities. The best way to protect your property and your investment is with a tenant screening. All it takes is a few minutes, and you can have the information you need to either accept or reject an applicant. Best of all, your tenant screening is completely free, allowing you to keep more of your hard-earned money.