For a seasoned property manager or even a newbie in the field, finding a good tenant would always be part of the list. Being a landlord, the last thing you would like to have is a tenant who has no capacity to pay his rent. In the following article of Canada Mortgage and Housing Corporation, it highlighted some of thez ways to attract tenants:
Marketing Your Rental Unit
Every landlord wants to find the ideal tenant - the person who always pays rent on time, never disturbs others, doesn't complain or cause conflicts and keeps the premises in better condition than when he or she moved in. While this theoretical ideal may be unattainable, the way you maintain and market your property will affect what type of tenants you attract.
Effective marketing will increase your chance of attracting the ideal tenant for your situation. The more clearly you state the benefits of your premises, the greater the odds of attracting appropriate prospects. See full post...
Proper marketing of your rental property is indeed essential in finding a tenant. However, you really can't determine whether such prospect tenant is indeed worthy to be one. And in order to somehow validate your inkling, you must try to ask them some questions or details, and Marina Shlomov presented some ways to screen potential tenants:
12 Tips On How To Screen Potential Tenants To Avoid Problems
-Online Research
Thanks to modern technology, you can log onto social media or just do a Google search to find leads on your potential tenant.
-Make Sure the Application is Complete
Double check to make sure your potential client has signed each and every document, including those for verification (employment, background check, credit check, etc.). More...
Now those are some of the many ways to scrutinize a prospect tenant. You could also try and check for their background by asking some personal references or even their former landlords for some comments.
