Expert Tenant Placement Services:
Maximize Retention and Minimize Risk
At
Good Neighbor Property Management, we know that your rental's success starts with a quality tenant. A bad placement can erase months of profit, regardless of how good the management is. As fellow landlords, we take the responsibility of placing tenants incredibly seriously.
Our Goal
Our goal is simple: to find responsible residents who treat your house like a home and consistently renew their lease. We achieve this by utilizing an efficient, yet rigorous, 5-Point Screening Process designed to identify reliable tenants and minimize risk before the lease is ever signed.
THE PROCESS
Our 5-Point Tenant Screening Process
1. In-Depth Credit History Check
We perform a complete review of an applicant's credit profile to look for stability, not just a score.
We focus on:
- Payment History: Consistency in paying bills on time.
- Debt-to-Income Ratio: Ensuring they are not over-leveraged and can comfortably afford the rent.
- Eviction Filings: Identifying any past history of tenant-landlord disputes.
2. Employment and Income Verification
We verify that the applicant has a stable and verifiable source of income sufficient to cover the rent, aiming for an industry-standard 3x income-to-rent ratio.
We contact employers directly to confirm:
- Current employment status.
- Length of tenure at the current job.
- Average gross monthly income.
3. Detailed Rental History Review
Past behavior is the best predictor of future behavior. We speak directly with previous landlords to understand the applicant's record, seeking information on:
- Timeliness of rent payments.
- Compliance with lease terms (e.g., proper pet policy adherence).
- Condition of the property upon move-out.
- Notice provided for moving out.
4. Criminal Background Check
We run a thorough background screening, reviewing national databases to ensure the safety of your property, your surrounding community, and our residents. We are diligent in ensuring all checks comply fully with state and federal Fair Housing laws.
5. Pet and Companion Animal Screening
If your property is pet-friendly, we use a separate, rigorous screening process for all animals. This manages your liability and helps set clear expectations for the tenant.
- Vetting: We verify vaccination records, breed compliance, and behavioral history.
- Compliance: We ensure all policies regarding pet deposits and pet rent are clearly understood and enforced.
Tenant Placement Services Included:
Our mission to deliver a stress-free experience begins the moment you partner with us. Every tenant placement service includes:
- Professional Photography & Marketing: High-quality listings advertised on all major rental platforms (MLS, Zillow, Trulia, etc.) to minimize vacancy time.
- Virtual & In-Person Showings: Coordinated showings 7 days a week to maximize applicant pool size.
- Lease Drafting & Execution: Full execution of legally compliant lease agreements, protecting your property to the maximum extent under Texas law.
Ready to find your next great tenant?
If you’re seeking a reliable residential property management company in Austin, San Antonio, or Temple, look no further than Good Neighbor Property Management. Contact us today to discover how our rental management services can elevate your property assets!