As a landlord, there are multiple responsibilities that you carry every day. Maintaining your property, addressing tenant issues, keeping things in order when it comes to rent payments and leases; the list goes on. One of the most important responsibilities you can have as a landlord is choosing the right tenants to move into your property. With the right tenants, you can maintain steady payments, and have a peace of mind that your property will be well taken care of. If you’re looking for new renters, here are some useful tips to consider:
Be Ethical
The first thing to remember when meeting any potential renters is to always remain professional and ethical. As a successful landlord, it is your responsibility to treat all potential tenants equally and with respect. Regardless of gender, race, sex, etc. all tenants should always have a fair opportunity to apply and become a renter within your property.
Credit Check
When you have a new applicant, one of the first steps after meeting them is to run a credit check. Though you’re not doing this to place any judgment, a credit check is essential in knowing the potential tenant’s ability to pay bills on time and be financially responsible. With a credit check, it will likely verify the tenant’s income and give you a report on their credit history. If their credit history and income are in line with your expectations and show the tenant can afford the rental without an issue, this is a great sign. Additionally, you’ll want to consider the fee of running a credit check. Some landlords charge the potential tenant, while others don’t; this will be up to your discretion…
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Rudy Andriani 