If you own a rental property, it is crucial that you get the right tenants. You need to have tenants who will not stress you when it comes to paying rent. Also, you should look for tenants with a good reputation to avoid damages or other criminal activities from happening on your property. With the right tenants, it will be easy for you to meet your property investment targets in a more efficient manner.
How to get good tenants for your property
There are different ways that you can determine the best tenants to rent your property. Here are some of the tips you should follow.
1. Meet them personally
One of the ways on how to get good tenants for your property is to ensure you physically meets them. By seeing your potential renter, you can understand the type of people they are and whether they will inhabit your home in a respectable manner. Walk them around your property and hear their views to understand if they like it and can stay for a long time without moving out.
2. Look at their references
A good way to understand your potential tenants is to ask them to give you references of their past landlords, employer or friends. You need to ask them about their conduct and develop a better understanding of your potential renter. Ask their previous landlord their level of cleanliness and how they pay the rent. By doing this, you avoid tenants that are a nuisance not only to you but also other tenants.
3. Carry out background check
You do not want to rent your property to people who might be criminals or who have problems paying the rent. You should ask them to provide you with their certificate of good conduct from law enforcement authorities. This gives you peace of mind that you are not renting your property to those who might engage in criminal activities. Screening your potential renters is a sure way to land the get the best ones.
4. Ask them to fill a pre-tenancy application form
Another great way on how to get good tenants for your property is to make sure they complete the pre-tenancy application form. This will help you to decide if a certain renter is appropriate for the tenancy. The applications will give you more personal information about the tenants. It should have their contact information, reference and other vital information you can use if there is a problem.