Landlord Must Be Aware While Choosing
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Landlord Must Be Aware While Choosing Tenants PowerPoint PPT Presentation


Considering all the factors which are help you choose the right tenant for your Apartments Houses for rent which you save your time and money by avoiding costly evictions, non-payment and secure to your property.

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Landlord Must Be Aware While Choosing Tenants

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Landlord must be aware while choosing tenants

Landlord Must Be Aware While Choosing

Tenants

Certain tenants are making your life as a landlord a breeze while others

make your life a living nightmare. Taking the time to choose the right

tenant for your property can help protect your investment.

Here are some tips for placing a tenant in your rental.

1. Adhere to the Federal Fair Housing Rules

Your desire to find the right tenant for your apartments for rent does

not make you exempt from adhering to the Federal Fair Housing Act.

You must always follow these rules so you are not accused of

discrimination. In short, you cannot discriminate based on:

Race or color

National origin


Landlord must be aware while choosing tenants

Religion

Sex (Male or female)

Familial status (families with children)

Disability

2. Choose a Tenant with Good Credit

You want to look for a tenant who is financially responsible. If they are

responsible with paying their bills, they will most likely pay their rent on

time and be responsible with your apartment. This is a two-step process:

Verify Their Income

Ask for copies of their pay stubs

Run a Credit Check

Check their income/debt ratio.

3. Perform a Criminal Background Check

Criminal information is public record so you can be viewed at various court

or police station. This check is turn up both serious and minor offenses. To

run one, you are needed the tenant’s name and date of birth. You must

check a valid ID to verify that they are who they say they are.

There is nationwide database of criminal records, so it may not be hard to

uncover the tenant’s full story. It may be best to hire a reputable tenant

screening this check. It can often be combined with for a fee of course, the

credit check.

4. Consider the Tenant's Rental History

If it is possible you should talk to at least two of the tenant's previous

landlords. If the tenants were a culprit, the current landlord may not be as

truthful as they may just want to get the tenant off of their hands.

Questions you should ask:

Did they pay their rent on time?

Did they give 30 days’ notice prior to moving anywhere?

How did they keep their apartment? Were they clean the apartments?


Landlord must be aware while choosing tenants

Did they cause any damage to the apartment other than normal wear

and tear?

Were they respectful of their neighbors?

5. Choose a Tenant Who Is Consistent

On the application form you look at the tenant's prior addresses and

employment history. Do they move or switch jobs often. They have able to

afford the apartment in three months or not?

6. Look for a Maximum of Two People per Bedroom

Although you have specific rules regarding the number of occupants per

bedroom, a rule of a maximum of two people per bedroom is considered

reasonable with the following exceptions:

Size and configuration of dwelling - A unit with a living room and den

could hold more occupants than one without.

You can give a maximum number of people per apartment, but you

cannot give a maximum number of children per apartment.

If capacity of the system limits the number of occupants the dwelling

can tolerate.

The more people per apartment, the more noise and the greater the

wear and tear on your investment.

Conclusion:-

Considering all the factors which are help you choose the right tenant for

your Apartments Houses for rent which you save your time and

money by avoiding costly evictions, non-payment and secure to your

property.


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