I’m betting you’ve heard about them. Those elusive entities that every landlord would give anything to find (and hang on to). That’s right. I’m talking about the most dependable, reliable, enjoyable creatures of all…
…a good tenant!
And maybe you’ve been lucky enough to actually have some of those occupants. People who care about the property (even though they themselves don’t own it). People who make certain their bills are paid on time, especially their monthly housing. People who wouldn’t even think about disturbing anyone else in their building or neighborhood.
So if they really exist, why is a good tenant so hard to find? The answer to that one is pretty simple. Their landlords are SO happy to have them occupying their rental property, they do everything in their power to keep them.
Adversely, those people who give landlords nothing but grief are most often out there looking for their next target. A rental managed by someone who has no idea what their past tenant history entails – a landlord who is less than diligent about doing background and credit checks.
There’s no need to even definite a good tenant. Everyone knows them just by the exemplary way they conduct themselves. They cause no problems, they make no complaints. They’re just a joy in every aspect of the tenant-landlord world.
The only question is, how do you get a good tenant to occupy your rental property? Exactly the same way you prevent from falling victim to bad tenants. You make absolutely certain your rental agreement contains every bit of information necessary to evaluate a person’s rental capacity.
Here’s a list of all the pieces of information a landlord needs…
– applicant’s name, age, social security number, driver’s license number, home phone, cell phone – other names the applicant has used in the past – any and all other people who will be occupying the rental – applicant’s current, previous, and prior residence as well as dates of residency and the name and phone number of the landlords for each place – reason for leaving each residence, whether or not the rent was paid in full, whether or not the applicant gave notice, if the resident was asked to move – applicant’s history for current, previous, and prior employment (including position, employer’s phone number, gross monthly pay, and dates) – applicant’s credit history should include current and owed balances of bank accounts, credit cards, and loans – vehicles (make, model, year, license place) owned by all proposed occupants – names, addresses, and phone numbers of references and nearest living relative
Those are the basic fields that every rental application should carry. But it’s also important to ask questions that will give insight into an applicant’s character and reliability.
Is the applicant a convicted felon? Have they ever been served a late rent or eviction notice? Have they ever filed for bankruptcy? Have they experienced problems with their current or previous landlords (if yes, explain)? How long do they expect to rent with you? Do any of the proposed occupants smoke, have pets (and if so, what and how many)?
Obviously, the more information you can ascertain, the more likely you are to snag a good tenant (and of course, weed out the bad ones). But you’ll never know if you don’t ask or follow through with the information they provide.
Getting a good tenant isn’t rocket science. It’s simply giving yourself the best possible vantage point, one that will deliver the best possible results.
And when you’re fortunate enough to get one of those elusive and wonderful creatures known as a good tenant? Do everything you can to keep them happy!
John Rustice RentalUtopia. net