Among the many obligations that a rental home owner in Yorktown has to recognize, perhaps the most important one knows who are the individuals living on the property. Most thriving rental property investments are grounded on properly screened and approved tenants. Unauthorized renters are without a doubt, a risk for you and your property. It can put you in a higher risk for which your lease and even your insurance could not have seen. Preventing unauthorized residents can be complicated, but making sure you are implementing quality property management strategies can give you both assurance and peace of mind.
Once your tenants have moved into your rental home, it can be tough to know for sure if new arrivals are visiting or if they plan on moving in forever. That is why prevention plans and early detection are better than waiting for problems to arise.
A good prevention plan for unauthorized renters includes four important tasks:
- Your leasing process should include a thorough screening of all prospective tenants. Anyone over the age of 18 should be subject to a background check, regardless of their relationship to the primary renter.
- It’s important to sign only quality tenants with a solid rental and income history and good references. Prior landlords and references should be contacted and interviewed, taking careful note of any warning signs in their past behavior or failure to uphold the terms of an agreement.
- Quality leases with complete, specific language about unauthorized tenants should be used. Such a lease can address any anticipated risks or other major issues, and lay out clear expectations about who is allowed to live in the home and for how long.
- Regular property evaluations are necessary to ensure that the terms of the lease are being met. More than anything else, knowing that they are being checked up on may help your renter stay vigilant in holding to the agreement they made with you.
This process can be a time-consuming and expensive one if you do not have the right people and resources on your side. Streamline your Yorktown rental property leasing process by communicating with Real Property Management VA Peninsula. We can handle the leasing process from start to finish, making sure that every renter in your rental homes is the best possible choice. Please contact us online or call us at 757-251-9188 for more information.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.