Why should I screen tenants?

Holland Properties • Aug 31, 2022

When owning a rental property, the first thing to be aware of is the fact that new tenants will be moving in, but how do you know which tenants are the correct ones?

Tenant screening is the process of verifying the history, credibility, and trustworthiness of a prospective renter. This can be done by asking tenants to provide certain documents, such as credit reports or public records, or doing it electronically with their authorization for a smoother overall process.

Going over all of this data is hard and vital work, and it must be done for every property on the market. However, the time invested in it will yield great results in the end. Why? Because you can make sure that you are placing the right tenants in the right property, this will save you time and money to handle unwanted situations or lower the odds to deal with emergencies.

When screening, we want to ensure that all necessary criteria are met as taking care of your investment involves placing individuals who have a track record of paying rent timely, taking good care of the property they are occupying, etc.

There is no guarantee of an issue-free tenant or overall lease term, nonetheless, performing a thorough screening increases the likelihood of finding a great tenant, and with them, peace of mind. At Holland Properties, we thoroughly screen all tenants before signing a lease. We ask them for all the required documentation and certify we find a great tenant for your property.

Here’s a shortlist of the criteria we evaluate:

Valid ID
Criminal Record
Income and employment verification
Credit Score
Rental References
Pet or Assistance Animal Screening

We are great team players! If you manage your own home or you are an investor, working with us will save you time to find the right person by screening them properly, and just creating a smooth transition to the new lease, periodic property reviews, and everything that is required.

Let us handle it and enjoy the peace and free time that we can provide you!

Give us a call and we will find the right tenant.

503-533-2121 ─ ext. 51

main@hollandprop.com

sales@hollandprop.com

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5 key benefits of hiring a property management company

By Holland Properties • 12 Feb, 2024

When considering the management of rental properties in Oregon, especially for property investors who might not have the time or expertise to manage properties themselves, hiring a property management company can provide several key benefits. Here are five significant advantages tailored specifically for property investors: 1. Local Market Expertise A property management company based in Oregon, particularly one familiar with the greater Portland area including Beaverton and Hillsboro, brings invaluable local market expertise. This knowledge is crucial for setting competitive rental rates, understanding local laws and regulations, and effectively marketing your property. Holland Properties, Inc., with its deep understanding of the local market dynamics, can help you maximize your investment's profitability while ensuring compliance with all local ordinances and state laws. 2. Efficient Tenant Placement and Management Finding the right tenants is fundamental to the success of your rental investment. A reputable property management company has the resources and processes in place to screen tenants thoroughly, ensuring you have reliable tenants who pay on time, take care of your property, and generally cause fewer problems. Holland Properties, Inc. offers comprehensive tenant management services, including rigorous screening processes, lease negotiations, and tenant communications, which can save you time and reduce the risk of rental income loss.