HOW TO FIND GOOD TENANTS

As a landlord, it is very important that you find good tenants for your apartment rentals.  One concern is attracting and keeping good tenants.  Another major challenge facing many landlords is recognizing a good tenant in the first place.  This is one of the key things a top tier property management company can consistently help you with.

Most rental applications will ask for all the pertinent information that you, as a landlord, require to make a logical decision on perspective tenants.  This information should include:

·         Employment history

·         Previous (or current)  landlord contact

·         Current address

·         Social  information number

·         Driver's  license number

·         Phone numbers

·         Banking information

A good application will also include personal references and an emergency contact phone number (of a close relative).

It is very important that you, or your property management company, verify this information.  Most employers will verify income range and length of employment, if you provide the information from the prospective tenant.  It is also a good idea to inquire about the probability of continued employment.  A quick credit check should also be performed, and can easily be accomplished with a SIN and address. Personal references and emergency numbers are also important to collect.

The reason for the personal references and emergency contact numbers is so that you, or your attorney, have some contacts to track down the tenant, if the need arises.  Despite all your due diligence in verifying original information, some people just aren't good tenants. 

However, as a landlord you can minimize this risk by having experts on your side from the start, to avoid these problems. At EasyRent we have tried, tested and proven systems in place to find qualified renters.

To learn more, speak with a member of our team today.