Landlords, are you looking for the perfect tenant?!
This #RealEstateRealTalk is for all of the Landlords out there.
⭐️ The Rental Market is full of months and months of picked over leases. It’s a harder and longer process now to find a good tenant. Please listen to our advice and please don’t accept just any tenant application.
Here are our tips:
1️⃣ Make sure to check over the potential tenants credit report. 700 and above are the scores you should be looking for. Remember not to just look at the score- look at the entire report!
2️⃣ Always read and verify the rental application. Make sure to call the references, past landlords and ask as many questions as you want.
⭐️ Don’t he afraid to decline someone because of negative references or bad credit. Remember this is your home still! ⭐️
3️⃣ Schedule a Zoom Interview or a safe face to face meeting with your potential tenant prior to accepting them. This way you will have a good feeling of who you will have as a tenant- great to put a face to the name/ documents!
4️⃣ Always, always, always accept first and last months of rent!! We have seen too many cases lately where the tenant can not provide first and last months of rent. This is a basic requirement and if they can’t provide first and last - this is probably a sneak peek on how they’ll be as tenants...
All in all, you need to go through a lot of paperwork, a lot of phone calls and verification to find a great tenant. It may be painful but it’s worth it in the end to know you have the best tenant in your home. ️
Need help leasing your home or condo unit out? Need help finding the right tenant? ⭐️
We got you covered! Call or text our Client Care Manager 647-525-7653 to book a meeting with our team.