If you’re wondering how to find the best tenant for your rental home, keep in mind that there is no such thing as the “best” tenant. What you really want is a qualified tenant. Don’t spend a lot of time trying to find a needle in a haystack. Find someone who is qualified. Once you are able to verify an applicant has enough income and the proper background, you’ll know they are qualified by your standards and you’ve got what you’re looking for.
Here are some tips that will help you find a qualified tenant:
- Advertise early. Good tenants look for property early.
- Price the property at the market rates. Don’t try to be a hero and get 25 percent more than the property is worth.
- Prepare the home before you show it. Fix it up and clean it up.
- Know your tenants. You can screen through any number of methods and evidence leaves clues. You’re going to find out that whatever kind of tenant this person was before is exactly the type of tenant he is going to be again, when he rents your property.
- Find the Best Tenant
A qualified tenant will look for a qualified property. Use a good lease that is legally sufficient and reflects all the updates in the State of Florida. Finally, treat your tenants with respect. A good tenant won’t let you disrespect them. Hold their feet to the fire so they do what they need to do, but hold your own feet to the fire as well. You’ll have a good relationship.
If you need any help in finding – not the best tenant, but a qualified tenant – please contact us at Florida Management and Consulting Group, and we’d be more than happy to help you.