They say there are three types of bad tenants, ranging from those who skip paying rent every other month to those who sublet in secret, but we say that number has got to be higher. There are bad tenants of all kinds, ones you absolutely don’t want to rent out your home or property to. If you have rental properties you’re looking to rent out, you know how stressful it can be to find the right tenants. These tenant screening tips can help you avoid the nightmare of having to deal with bad tenants.
Tip #1: Create A Solid Contract
Without a solid contract, your tenants can be entitled to basically do whatever they want to your rental property. So, before they move in, you should have them read and sign a well-written, comprehensive contract, even if you’re simply renting out your property to a friend. This contract will outline things like how long their stay will be before the contract needs to be renewed again, certain rules including ones about repainting, etc., and other important items you believe they need to know about and agree to. A solid contract will help to settle disputes that may arise in the future.
Tip #2: Perform a Thorough Background Check
A thorough background check is a good idea so you can eliminate bad applicants right from the get-go. A good background check evaluates things like credit history, ability to pay bills, criminal background (if applicable), work history, and so on. These questions help to eliminate potentially bad tenants before going through the whole application process.
Tip #3: Maintain a Relationship With Tenants
While you don’t want to be up in your tenants’ business all the time, remaining civil with them can help prevent a good tenant from turning into a bad one. Staying on top of repairs, checking in from time to time, and maintaining things that were previously agreed upon. This will help to maintain a great relationship with your tenants and stay on good terms with them throughout their stay in your rental property.
Tip #4: Work With a Rental Management Company
Maintaining your tenants and rental properties can be time consuming and a difficult task. Working with a rental management company can help take the stress off your shoulders. At Reliant Property Management, we offer comprehensive property management services that can help you stay on top of your rental properties. Call today!