Good property management starts with good tenant placement and screening process. If you take the time to properly screen your tenants you will be able to reduce the majority of your potential tenant issues during in the screening process. The screening process truly starts with the very first contact with the potential tenant. This is true whether you are the property owner or the property manager.
Typically the first contact between you and prospective tenant is done over the telephone. At that point the screening process has already begun, and you need to provide information to the potential tenant regarding your property. If the potential tenant expresses interest in your property then you need to start asking qualifying questions in order to decide if you should proceed to show them your property.
It is also very important that you to be upfront and honest with the prospective tenant regarding the rental rate, security deposit and application process as well as any other restrictions or condition that you have in connection with leasing of the units.
After you provide the potential tenant information regarding your property, the potential tenant should be willing to answer your questions provided that you are asking in a polite and the questions are relevant to them leasing your property.
Any prospective tenant that is serious about locating a new your home to rent will want to try and make a good impression on you as well as be accommodating to your inquiry.
Everyone has their own style regardless if you handle this process as the property owner or if your engage the services of a property management firm but you need to be aware of certain tell tale signs for evaluating your prospective new tenants.
- Did the prospective arrive on time to your appointment; if not did they inform in advance that they would be late.
- How was there general appearance, were they well kept and neat. This is could be an indicator of how they will keep your property.
- Are they being respectful to you as well as to your property; did they walk in smoking or failed to wipe their feet, do they show any indications of potentially being difficult to deal with in the future. It is extremely help full to pay attention to small details as they will provide you subtle insight in to their personality.
- Being Negative is your prospective asking you to make legitimate repairs, or are they negative and disrespect to your property in order negotiate price?
- Did the prospective tenant arrive prepared to fill out an application and to start moving the process forward to a lease signing?
These items are just to help you in evaluating potential tenants in a different ways to help you decide if you want them as the caretaker for your property, while they decide if they would like your property as there new home.
Now this just the first step in determining whether or not you wish to even consider leasing your property to them. You will still need to process the application as well as do further evaluation based the information you receive during the application process.
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