Top Reasons Why Screening a Tenant Is Important.

For landlords, finding good tenants for their rental properties is the ultimate goal. After all, ideal tenants will not only pay rent on time but take care of your property and keep it well-maintained. Troublesome tenants, on the other hand, may not pay rent on time, damage your property, and even sublet the apartment without your permission. But in order to find a good tenant, the most important thing that you need to do is screen your prospective tenants. However, if you live in Kelowna or nearby areas and are looking for ideal tenants for your Kelowna home rentals, you can contact Homefinders. We provide a pre-screened tenant database to help landlords find the right renter.

Screening your prospective tenants will help you distinguish ideal tenants from troublesome tenants. Added to that, it’ll also help you assess possible risks you would be taking by renting out your apartment. If you’re still unsure whether or not you should do a tenant screening before renting out your property, take a look at the benefits tenant screening has to offer.

Top 5 Reasons Why Screening a Tenant Is Important

Top 5 Reasons Why Screening Tenants Is Important

Sometimes, it is difficult to tell whether the prospective tenant is as trustworthy and reliable as he or she seems. Here, using tenant screening can be very helpful. Here are the top reasons why screening tenants thoroughly is important.

  • Filters Out Bad Tenants

In a perfect world, your home rentals in Kelowna or elsewhere would be filled with renters who caused no damage, paid on time, got along with their neighbors, and did not have a criminal history. Well, the best way to make this dream a reality is through a thorough tenant screening process! By obtaining information about a prospective tenant’s eviction history, criminal history, employment status, and credit history, you can filter out bad tenants who aren’t suitable for your property.

  • Reduces Turnover

Another reason why landlords should screen their tenants is that it helps keep the turnover rate low. Whenever tenants leave, landlords are left with the costly process of filling their vacancies which leads to a higher turnover rate. With tenant screening, you will not only be able to find reliable tenants who are willing to sign longer leases but reduce the turnover rate as well.

  • Help Avoid Costly Evictions

Eviction is a complicated, lengthy, and costly process. Although it happens for a wide variety of reasons, it is mainly due to a severe breach of the lease or non-payment of the rent. By screening tenants, you can reduce the risk of evictions. How? Well, let’s say you live in Kelowna or nearby areas and need good tenants for your rental apartment. Although you’ll find a lot of tenants who are looking for homes for rent in Kelowna, tenant screening will help you choose the right one, thereby reducing the chances of an eviction.

  • Protects Your Property

While good tenants will take care of your property, troublesome tenants may damage your property and leave you with costly repairs. With tenant screening, you will be able to look at the tenant’s prior eviction records and find out whether or not the tenant was evicted for property damage.

  • Reveals the Tenant’s Current Financial Situation

By screening tenants, you can look into their financial situation and determine how reliable they’ll be when it comes to paying the monthly rent. Details like credit score, monthly income, and employment of the tenant will help you find out if he or she has a history of credit card debt as it may cause delays in regular payments.

The Bottom Line: So, if you don’t want high-risk tenants in your rental property, make sure to screen each tenant before letting them in. A thorough tenant screening will help you find ideal tenants who have good credit scores, a clean record, and consistent employment. Should you be looking for ideal tenants for your Kelowna home rentals, reach out to us. At Homefinders, we provide landlords with the best platforms to advertise and manage their rental properties. For more details, visit or call 1(888)289-9340.


What are the Top Benefits of Renting an Apartment?

People talk a lot about the advantages of owning a home, but what about renting one? Today, a lot of people struggle with the decision of owning a home vs. renting, and it is indeed an understandable problem to have. Although both renting and buying have their financial advantages, renting does appear to retain an edge. Well, the reason is quite simple. Just like the stock market, real estate, too, creates cyclical bubbles. So, if you see that the housing market is overpriced, it would be beneficial to opt for home rentals.

Moreover, if you are not going to spend much time in a place, it doesn’t make any sense to purchase a house. Rather, you should start looking for the best homes for rent in Kelowna or wherever you plan to live. Renting is not only a feasible choice for those who wish to enjoy living in a luxurious apartment but also offers flexibility and fixed monthly payments. In this blog, we have narrowed down some of the top benefits of renting an apartment.

Top Benefits of Renting an Apartment

Financial Flexibility

One of the most beneficial aspects of renting an apartment is that you have flexibility in terms of rent outflow. For instance, if, at any point, you feel that the rent is high then you can easily start looking for other homes for rent in Kelowna or elsewhere and shift to a different apartment with lower rent. This way you can control your budget depending on your current financial condition. Though you have to give the property owner a security deposit, this investment is significantly lower than what you would need to pay if you plan to buy a house.

Low Maintenance Costs

Do you know the second-best thing about house rentals in Kelowna or anywhere you wish to rent a house? The maintenance expenses are generally lower as the responsibility generally falls on the landlord. Since the rented house isn’t actually yours and belongs to the landlord, he/she is obliged to take full responsibility for all maintenance, improvement, and repairs. For instance, if your roof starts to leak or an appliance stops working, all you have to do is call the landlord and ask him/her to fix it.

Access to Luxurious Amenities Without any Extra Cost

By renting an apartment, you can also have access to various amenities that would otherwise be a huge expense. Some of these amenities include play areas for your kids, gardens, swimming pools, clubhouses, and gyms. All these luxuries are commonly available in mid-scale to up-scale residential societies and you don’t even have to pay any additional charges for using these amenities.

Income Tax Benefit

Did you know that tenants do not have to pay property taxes? Yes, that’s right. Apart from paying the rent and utility bills, renters need not worry about any other property-related costs. Whether it’s the property tax or homeowner’s insurance, the landlord is the one who is supposed to pay the bill.

The Bottom Line: Now that you know the top benefits of renting an apartment, you must be looking for the best homes for rent in Kelowna. At Home Finders, we help our clients navigate the rental journey by offering a stress-free and delightful experience so that they find the best home rentals and enjoy their ideal home. Moreover, we not only guarantee you the largest selection of rental properties to choose from but also offer rental properties that are not listed anywhere else.