How to find high quality renters
Everyone who has rented a house or apartment knows the feeling of dread that can come when you realize that your perfect renter has been found, but they don't want to move in. The good news is that it doesn't have to be like this. By following some simple steps in evaluating potential tenants, you can ensure that the person moving into your property will take care of it and treat it as if it were their own home. Here are a few tips on how to get good renters:
Be clear about your criteria.
This is your chance to be as specific and clear as possible. The more information you give, the better. It's a good idea to include any restrictions or preferences, such as:
How many people will live in your rental?
How long they can stay (for example, one year).
Be open about what is included.
Be open about what is included in the lease.
What to include: Furniture, appliances and fixtures (such as sinks and tubs) are usually included in a rental agreement. If you don't want your tenants paying for these items, make sure you are clear about this when you have them sign their leases.
What not to include: Don't assume that just because something is standard in most houses or apartments that it will be included in your lease. For example, if there's no lawn maintenance service on site then don't say that there is one when you fill out a tenant application!
Evaluate who they are as a person.
When you're getting to know a potential renter, you should ask questions about their work and personal lives. Ask them about their hobbies and interests. Get to know who they are as a person. How do they spend their time? What do they like to do for fun? What kind of person are they? Do they have a family that's important to them? Are there any friends or people in their lives that would be willing to vouch for them if needed?
The more information you have on your renters' backgrounds, the better equipped you'll be when it comes time to make decisions based on what is best for your business.
Check their references.
You want to get references from previous landlords, employers, friends and family members. You also want to ask for references from teachers or coaches. You might even consider asking for references from other people in your community. This will help you determine if the person is reliable and trustworthy.
When checking out these references, make sure they are real by calling them on the phone and asking questions about their experience with your potential renter.
A little extra time and care can get you a great renter.
The best renters are the ones who feel like they belong. The best renters are the ones who feel like they can be themselves. The best renters are the ones who feel like they can make a difference in your community.
How do you get these kinds of tenants? First, let’s start with what kind of tenant you don’t want: not only will this person cause you grief for years to come, but their presence could also have negative effects on other residents and property values in your neighborhood as well. Avoiding them is simple enough—just follow these tips from our expert real estate agents!
While there are many factors that go into choosing a good tenant, the most important thing is to be clear about your criteria. Knowing what you’re looking for in a renter means that when you find someone who meets those criteria, it will be easy for everyone involved!