2. Pay Attention At Inspection
When you have your inspections, make sure that you pay attention to who is who, and write down anyone who stands out (for positive or negative reasons.)
zYou will want to look for applicants who are:
- Organised – did they have their application ready to go?
- Interested – what type of questions are they asking, and do they seem like they really like your home?
- Tenants who are not hesitant to answer any questions you may have in return
3. Read Between The Lines
It may be a strenuous task, but its well worth the time. Read each application very carefully and use the information they provide to pick the best tenants. Try to narrow it down to three applications first. When going through applications, make sure you read between the lines. By this we mean, try to notice anything strange.For example, someone may seem organise, and provided the right documentation, however their rental history says they have rented 3 properties in the last 12 months – this is considered strange, as rental agreements tend to last 6 – 12 months each.
Contacting previous landlords or agents is always a good idea, as they provide a non bias opinion on tenants, and usually have documentation to them up.
4. Trust Your Gut
It may seem black and white, but if an applicant gave you an off feeling – move on to the next. A bad tenant is worse then no tenant at all, so trust your instinct and don’t settle until you are comfortable with who is moving into your property.
Next Monday we will provide a list of important questions to ask your tenants, to help further ease this process.
For any questions regarding managing your rental property, give one of our friendly staff a call.
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