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How to choose the best tenant for your rental

choose the best tenant for your rental

When you are a landlord there are a lot of obligations. It is not all about simply owning a place and rent it to someone. There is so much more to it. One of the most important things is to know how to choose the best tenant for your rental. We are not going to lie to you, this is not an easy task. There are a lot of things you need to get familiar with in order to choose the right tenant. That is why we are here, to help you out with this.

There are some signs that can give away a person that definitely would not be a good tenant, and that is what you must recognize. One thing is for sure, if they are planning to move with the help of Miami beach movers, to your rental, they are making great decisions, therefore this can be the first sign of a good and responsible tenant.

Stability

You must find a way to know if the person to who you are about to rent your property is stable. Not only financially but also in general. For example, there are questions that you can ask your potential tenant in order to find out whether he is the right fit. There is no shame in asking about the person incomes when it comes to this. Usually, this question is not in order, and it is frowned upon, but when you are interviewing someone who should live in your apartment or in a house this is a must.

businessman with laptop, newspapers and calculator
Make sure your future tenants are stable

You must know whether he or she is capable to pay for the rent and other expenses. What can be also a good thing to ask is confirmation from his company about his employment there. This is proof that your potential tenant has a job and therefore he becomes eligible to become your tenant.

Background check before you choose the best tenant for your rental

Another extremely important thing to do before you choose the best tenant for your rental is to check its background. This means that you must find a way to learn about that person, about his past, in a criminal sense. Do they have a criminal record? That is the question. This is actually really easy to find out. Simply visit a court with the info such as name and last name and date of birth. If they have a criminal past, you will know.

Sometimes those records are not the representative of how your tenant will be, but you cannot know that, and you probably shouldn’t risk it. However, there can be a situation that you find a seemingly great tenant and then you realize after a while that he is irresponsible. That is something you have to be ready for because no matter how much you investigate on someone there is always a risk.

Rental history is important when choosing the best tenant for your rental

Rental history is something you have to learn from the potential tenant. When you want to choose the best tenant for your rental, you have to interview him or her. Ask everything you need to know.

  • Have you rented before?
  • Why are you leaving that apartment?
  • Did you get along with former landlord?
  • Are you working and where?
  • What do you expect from me as a landlord?
  • Did you cause any damage in the former apartment, and if so, what did you do?

This last question you can ask hypothetically, what would you do if you damage something? Of course, you as a landlord should prepare a contract where should be all the things you consider important. Things like if the tenants make damage she or he will have to repair it in their own cost. Advise your tenant to read it carefully, one signed copy goes to you, another one goes to him.

house keys on the hand
Find out as much as you can before you choose to rent a place

Last landlord

This is pretty hard to do, but if the opportunity comes up you ought to talk to the last landlord of your potential tenant. Ask the landlord absolutely everything. In case that your tenant has lived with his parents before deciding to try on his own, then there is no point. However, as we said if there is an opportunity to do this, ask away. It is the best way to learn what you need to learn about the new tenant.

two people speaking
Try to contact their last landlord

At the end of the day

At the end of the day, it is all about your decision and the feeling you get when you talk to someone. You can like someone and think that he is responsible just from one short conversation. Choosing such a person is a good way to go. Why not trust yourself? Sometimes instinct is all we need. However, this is not a sure way to choose the best tenant for your rental. What would be the best-case scenario is to have a good feeling about a person but to go through all of the steps we mentioned so far. You got nothing to lose by following these steps, and you can never be too careful.

Having to choose the best tenant for your rental means that you have to be prepared. Arm yourself with questions. Ask everything you must in order to receive payments on time and to have your property in a good condition while someone else is living there. If a tenant is using the service movers North Miami Beach Florida, you will know that he is paying for that service therefore, he is responsible. Follow those little clues that can tell you a lot about a person, and you will be all set. Good luck with finding that great tenant!