How to Find Good Tenants for Your Property

It’s important to find good tenants for your rental property. In doing so you will have less trouble and stress. Having bad tenants can result in damaged property, financial losses and unnecessary stress. Tenant referencing and affordability checks will be able to tell you if your potential tenants are likely to pay their rent in full and on time.

But there’s a lot more you should be looking for when deciding if a tenant is right for your property. Here are some pointers to help you find the right people for your property.

They Should have Good Communication.

Good communication is needed between a landlord and a tenant. You can determine if a tenant has communication skills by asking yourself these questions:

Do they turn up on time for viewings or other appointments?
If they’re unable to attend, do they contact you in good time and look to reschedule?

If they are communicative during the enquiry phase they will more than likely continue to do this when they sign the lease. This is needed as it means they can:

Report problems quickly
Let you know if they are having a problem with their rent payments
Ask permission if they want to do something to your property outside of the tenancy agreement
Respond quickly when you contact them

Interested and Complimentary About Your Property and The Area

Good tenants will also be complimentary of your house and display an interest in the neighbourhood. Positive feedback regarding the appearance and finishing of the rental home shows that they are far more inclined to treat it as their own and take good care of it throughout their tenancy. Additionally, they can be indicating that they want to stay for a while by asking about the neighbourhood, attractions, and services.

Solid References and Credit History

It’s crucial that you check the potential tenant’s credit history. Seeing references from previous landlords can give you an insight into what the tenant will be like when living in your rental property. Performing credit checks allows you to see if the potential tenant will pay their rent on time and not go into arrears.

Get Your Marketing Right

Advertising your property on multiple platforms builds up awareness. The more people that see your listing the higher the chance of it reaching the right people. Knowing where to target is important. If you’re looking for young professionals you should target social media as well as online. The best way to ensure you reach as many potential tenants as possible is to rent your property through a letting agent.

Keep Your Property Looking Great

Having a property that stands out attracts the best potential tenants. A property that looks well-kept and decorated nicely is a must. Having it pristine will ensure that the tenant will keep it that way.

Meet Your Tenants Before Agreeing

Meeting your tenants in person helps you decide whether they are the right fit or not. It’s difficult to form an understanding of someone if you haven’t met them in person. You can get a clear idea of their communication skills and see if they’re right for your property.

Ask Good Questions

Asking questions of your own is important in understanding your potential tenant. Here are some things you should find out:

Why they’re moving
About their previous property
How they’ve found renting in the past or, if it’s their first time, how they feel about that
What their plans are for the future? Are they intending to buy or put down roots in the area?
About their jobs and how long they’ve been in them
What they like to do in their spare time

How We Can Help

Finding the perfect tenants for your property can be difficult, which is why here at Robert Manning we can help. Within our property management services, we offer a tenant reference and credit check service that offers the perfect tenants for your property. We do all of the leg work looking at the tenant’s references and credit checks, while also looking at ID checks, employments, address checks, avoiding CCJs and adverse histories. If this service sounds like something you require, get in touch with us now. Contact us on 0203 725 8399 or visit fill out our contact form now.