Monday, May 4, 2009

Tenant Screening

Investment in the rental property has become one of the biggest investments around the world. We can easily see a regular growth in the number of people looking for rental property investment. However, most of the people tend to neglect the most critical aspects of investment in rental property; one of them is finding a good tenant.
To find a genuine and good tenant is indeed a very tough task, first and prime reason for this is that it is really tough to find people, who can take care of your home as you can. It is very common that you find a tenant who would not care about your home and may do some holes in the walls, scratch up the wood and can sometimes cause a great damage to your property.
To find a genuine tenant therefore, should always be of great concern for landlords, for the proper care and treatment of their property.
Good and bad people can be found everywhere on this earth and similarly good and bad tenant also exists. Finding good tenants may be a tough task to do, but they do exist. Proper tenant screening can always help landlords in finding a good tenant for his rental property.
The American Apartment Owners Association (AAOA) is a group that provides help to apartment owners, real estate investors and property management companies who understand the need to maintain a property efficiently and deal with tenants professionally. The American Apartment Owners Association also understands the need of property owners and serves them according to their requirements.
American Apartment Owners Association also provides tenant screening service to property owners and real estate investors. Real estate owners can get their first report of the tenant screening for free just by signing up with the association.
AAOA group provides different packages and individual products under tenant screening service. AAOA group has three different packages to offer for tenant screening to real estate owners and apartment owners. These three packages are:
1) Red Package (Instant Credit Decision or Credit Report, Previous Address Tenant History, Statewide Eviction History)
2) White Package (Instant Credit Decision or Credit Report, Previous Address Tenant History, Statewide Eviction History, Statewide Criminal History, Sex Offender, Terrorist, & Federal Search)
3) Blue Package Instant Credit Decision or Credit Report, Previous Address Tenant History, Statewide Eviction History, Nationwide Criminal History, Sex Offender, Terrorist, & Federal Search)
All the services offered by AAOA provide important information to help apartment owner or real estate investor in tenant screening.
AAOA also provides some individual products or services for tenant screening. These products are:
1) Tele Check Verification
2) Previous Address Tenant History
3) Statewide Eviction History
4) Nationwide Criminal History
5) County Repository Criminal (24-72 hrs)
6) Landlord Verification (24-72 hrs)
7) Employment Verification (24-72 hrs)

Landlords and real estate owners can have detailed tenant screening information using any of the above packages and products offered by AAOA.