How to Find a Good Tenant: Our Top 4 Tips
As a landlord, finding a good tenant is crucial to the success of your rental property. A good tenant can ensure timely rent payments, take care of your property, and maintain a positive relationship with you as their landlord. However, finding the right tenant can be challenging.
Here are our experienced property management team’s top four tips on how to find a good tenant.
4 Tips for Finding a Good Tenant
- Advertise Effectively
- Conduct Interviews
- Check References
- Trust Your Instincts
Use online platforms such as Zillow or Craigslist to advertise your rental property effectively. Be sure to include clear photos and detailed descriptions of your property. For example, at 512-Society Property Management, we have a host of listings on our website and connections in the local real estate market that ensure your property is seen by the right people and at the right time.
Once you have received applications from potential tenants, conduct interviews in person or over the phone. The interview process will allow you to ask questions about their employment status, lifestyle habits, and more.
Always ask potential tenants for references from previous landlords or employers. References will give you an idea of how they behaved as tenants in the past and how they will behave in the future.
If something doesn’t feel right about a potential tenant during any process, trust your instincts and move on to another applicant. Finding good tenants takes time and effort but is worth it in the long run.
By using comprehensive tenant screening services like those offered at 512 Society Property Management and following these additional steps as a landlord, you’ll find great tenants who will take care of your rental property as if it were their own.
Tenant Screening Services in Central Texas
At 512 Society Property Management, we believe that a fantastic tenancy starts with a well-qualified resident. We provide tenant screening services to protect your rental property and ensure the most successful occupancy possible.
Our application process is easy for applicants to complete and mobile-friendly, allowing agents or clients to apply for the property instantly before leaving the driveway! We also make our current tenant and rental criteria available for viewing.
- Criminal background check: We check for any convictions an applicant served time for within the last seven years. While acceptance is up to the landlord’s discretion, we ensure that any convicted crimes would not affect the safety of the surrounding neighborhood, property, or other residents.
- Credit check: We obtain a Credit Reporting Agency (CRA) report or credit report to verify applicants’ credit history. We look for debt-to-income ratios that are too high or credit scores below 600.
- Foreclosures & bankruptcies: Our tenant screening services also check for judgments and uncollected debts to a property manager.
- Income Review: We look over applicants’ income to ensure they make three times the rent amount NET. We wish we could live on our gross earnings, but all know we don’t. 512-Society Property Management wants to ensure tenants make the rent easily without hardship before approving them to move in.
Using our comprehensive tenant screening services, you can rest assured that we’ll only send you well-qualified tenants who meet our strict criteria. This process will help protect your rental property and ensure a successful tenancy.
Contact Our Experienced Property Managers
Finding good tenants takes time and effort but is worth it in the long run. By using comprehensive tenant screening services and following these additional steps as a landlord, you’ll find great tenants who will take care of your rental property as if it were their own.