How to avoid
bad tenants
12 Tips To Avoid A Bad Tenant
Always run a background check.
1
Always run a comprehensive background check on ALL adults prior to offering a tenancy
Check references thoroughly.
2
Phone the last 2 or 3 landlords for a reference. Verify that the landlords did actually own the property and aren’t just friends or family members of the applicant.
Just say no.
3
If you're uncomfortable after your background checking, say no.
Maintain your property.
4
Keep up with property maintenance so the property is appealing to good tenants.
Set a reasonable rent rate.
5
Set a reasonable rent rate as smart tenants know they can do better elsewhere if you’re asking too much.
Don’t be gullible.
6
Don't fall for a sad story. This is your business.
Use a written application form.
7
Use a written application form so you can collect important information you may need later such as car rego’s, next of kin contact details etc.
Inform of your inspection frequency.
8
Let them know the frequency with which you plan to conduct your routine inspections so they know you will be calling
Private landords be extra cautious.
9
Know that bad tenants may seek you out. They know professional property managers work harder on this stuff so they may avoid us and choose you instead!
Be professional, not emotional.
10
Reward great tenants.
11
Find ways to reward a great tenant, this might be a Christmas gift or saying yes to that kitten.