Does Your Golden Valley Rental Property Have Unauthorized Residents?

Without a doubt, every owner of rental homes in Golden Valley has to know each of the individuals residing on their property. Properly screened and approved tenants affect the outcome of every resident-landlord relationship and successful property investments are built. It can be quite a problem when unauthorized renters move in; they can put your property at risk for liabilities for which the lease and even your insurance has not considered. Preventing unauthorized residents can be tricky, but utilizing some of the best and proven quality property management strategies can make all the difference, giving you the confidence and peace of mind.
Ideally, you want to start screening before your tenants’ moving-in day as it can be difficult to distinguish if new arrivals are visiting or if they plan on moving in for good. Prevention plans and early detection are better than waiting for problems to occur.

A good prevention plan for unauthorized renters includes four important tasks:

1. Your leasing process must incorporate a thorough screening of all prospective tenants. Anyone over the age of 18 should be directed to a background check, despite their connection to the primary renter.
2. It’s essential to sign only quality tenants with a solid rental and income history and good references. Prior landlords and references should be reached and interrogated, taking meticulous note of any warning indications in their past behavior or negligence to sustain the terms of an agreement.
3. Quality leases with comprehensive, precise language about unauthorized tenants should be used. Such a lease can address any expected risks or other major issues and lay out clear expectations about who is allowed to live in the home and for how long.
4. 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 unless you have the right people and resources on your side. Streamline your Golden Valley rental property leasing process by contacting 928-757-7368. We can handle the leasing process from start to finish, ensuring that every renter in your rental homes is the best possible choice. Please contact us online or call us at c for more information.