Having bad occupants is worse than having none at all; they can damage the property and create unwanted stress. This is why finding good tenants is key to a landlord’s success so that their rental management company is maintained in the best condition.
Here are 5 tips to help you find good tenants and keep your properties in top condition:
1. Get References from Previous Landlords
Ask potential tenants for references from their previous landlords. This is a great way to get an idea of how the tenant behaved in a rental management company situation and whether or not they were reliable when it came to paying their rent on time and taking care of the property.
2. Run Background Checks
Running a background check on potential tenants never hurts, as this can give you valuable insight into any criminal activity that may have taken place in the past. It’s not a decision to make lightly, so knowing who’s occupying your rental can help you make an informed decision so your rental management company doesn’t suffer.
3. Advertise the Listing in a Lot of Places
Advertising your listing through multiple channels is an effective way to ensure that you reach as many potential tenants as possible. Consider advertising on social media, online listings, and in local newspapers.
Other options online can include the following:
- Craigslist
- Zillow
- PadMapper
- Hotpads
There’s no such thing as too many places, each new advertisement means you’re one step closer to your dream occupant.
4. Set Rules and Expectations Upfront
It’s important to set the rules and expectations with your tenants before they move in. This will help ensure that everyone is on the same page and that you have an understanding of each other’s needs right from the start.
For example, you may want to include rules about smoking, pets, noise levels, or any other issues that could be of concern.
5. Maintain Mutual Respect
Above all else, maintain a good relationship with your tenants. This means respecting their privacy and being open to addressing any issues that may arise.
There’s nothing worse than an uncomfortable living situation, creating a respectful relationship helps in the long run and can help build trust. It also ensures your occupant is more likely to look after your property and maintain a good relationship with you.
Amanica Has Your Rental Management Company Covered
If you’re looking for help managing your rental properties, Amanica offers a full suite of rental management company services. With our experienced team of professionals, we can help you find the right tenants for your property and ensure that it is kept in top condition.
We take the load off your shoulders by:
- Screening potential tenants
- Performing ongoing property inspections
- Collecting rent payments
- Maintaining rental records and more.
Finding good tenants for your rentals can be a challenge, but with the right strategies in place, it doesn’t have to be daunting. Using these tips will help you locate the perfect tenants for your property and with Amanica on your side, you can be sure that your rental is in great hands.
