What Los Angeles Landlords Must Know About Tenants | Part 1: Tenant Screening
Before you begin any tenant application process, you need to remember that it’s critical to follow all fair housing laws. Many times, we are hired because a property owner didn’t screen their applicants thoroughly. Maybe a person seemed nice, or you decided to rent to a friend. As hard as it is, it’s important to keep your emotions out of this process. There are a few things that are required in a successful screening process.
Have all residents who are 18 years of age and older fill out and sign a complete application. This isn’t just to run credit, but also to verify employment and rental history. You’ll want to do a complete tenant background check. Our application is online, and it’s easily accessible, with places to load backup documents like copies of paystubs and other information we need. If a resident is uncomfortable with technology, we are always available to help.
Be thorough, and document the results of your screening so you can establish clear and objective standards for approving or denying an application. In recent years, HUD as well as local and state laws have had a larger impact on how you screen your tenants. For example, you cannot deny someone outright if there’s a felony on their record. You must investigate the circumstances of their arrest and conviction.
Trouble-free tenants start with a good application and screening process. A good screening process leads to an easy rental lease agreement and a positive tenancy.
If you have any questions or need any help with LA property management, please don’t hesitate to contact us at EGL Properties.