Renting an apartment to people can serve as a decent source of income. However, just like every other form of business, renting a house out to people, has its challenges. The primary challenge often faced by a landlord, is the type of tenant you accept. There are great tenants who you will love to rent your house to, for as long as they wish. There are also some tenants who will put you in all sorts of troubles and worries. Every landlord does not want a bad tenant, and they can be avoided. So the question now is, how you can get good tenants, rather than bad tenants.
This article is meant to answer your question, but before doing that, I want to point out something. First and foremost, we have to talk about who a good tenant is. There are two characteristics of a good tenant. I will list these two primary characteristics, then add another characteristic.
Who is a Good Tenant?
- A Tenant Who Will Pay As At When Due
One of the primary characteristics of a good tenant is that they pay as at when due. They do not come up with excuses nor play cunning games.
- A Tenant Who Will Not Spoil Your House
Another thing that qualifies a tenant as being good is that they do not spoil a house. Spoil as used here means two things. It refers to dirtiness and carelessness. Good tenants are those who will take good care of your house, and avoid damaging items out of carelessness.
- A Tenant Who Is Peaceful
Ensuring that your tenant is peaceful is a great step. A good tenant will not get involved in fights which can send fellow tenants packing.
3 Ways To Get Good Tenants
After taking a look at some characteristics of a good tenant, it is time to look at some ways to get good tenants, rather than the bad ones.
- Research a Tenant’s Background
Doing some research before accepting anyone into your house is highly recommended. Here, you are required to contact the person’s former landlord and ask about the tenant’s history. Former landlords will be able to tell you about the tenant. If the person is also employed somewhere, you should contact their employer, asking about their history, their job and other necessary information.
- Meet Your Tenant in Person
This is something that is often overlooked by landlords. Meeting your tenant in person is very important. You are not just going to meet them; you meet them to perceive the kind of person they are. Meeting them can enable you to pick up bad traits that a tenant has.
Imagine a tenant who was having a drink while taking him around the house. When he finished having his drink, he tossed the container over to a corner of your house. That is a sign of bad tenant. Such signals are warning signals. Seeing your tenant in person can help you pick up warning signals.
- Avoid Being In Haste
A lot of landlords have fallen prey of this. Being in haste is very detrimental to your business. Haste is dangerous to all forms of business. It can make you can take wrong decisions. Always try to avoid being in haste whenever you want to rent out a house.