The Real Deal Miami

Background checks grow more popular

February 24, 2010 04:09PM

It may seem like run-of-the-mill common sense, but background checks are an increasingly-crucial step for landlords and property managers, according to R.Q. Investigations, a full-service private investigation company. More landlords and owners have begun delving into potential renters’ and buyers’ backgrounds before accepting offers, according to R.Q., to keep from getting hosed. “During a bad economy, real estate investors and real estate professionals are being a lot more cautious when it comes to approving a rental agreement,” R.Q. said in a statement. “An individual with judgments, liens or bankruptcy is more likely to default on a home loan or rental agreement.” TRD