10 Steps to Finding Your Perfect Tenant
As a landlord, I imagine you want to attract a tenant that is respectful of your property. That pays the rent on time and looks after your property as if it were their own home. We have all heard of times when this has gone wrong, you may have experienced a ‘difficult’ tenant yourself. One thing you can be sure of is that you can’t hundred percent know how a tenant will be until they are living in your property. Despite this there are many things you can do to try and limit getting the tenant from hell.
Here are our top 10 tips to help you find your dream tenant:
1. Perfect your presentation – if you want your tenant to take pride in your property and keep it looking spic and span it must be well maintained, clean and appealing to begin with. Set the example of the condition you expect your property to be kept at. Obviouslywear and tear is part of letting a property but after each contract has expired freshen it up. Deep clean and give it a coat of paint. The better your property looks, the higher rent you will be able to command and you are more likely to attract the right tenant. Keep your standards high and present your home as perfectly as you can.
2. Ask around - speak to friends and family to see if they know of anyone who is looking for a rental property. A tenant is more likely to look after your home and pay the rent on time if you have friends in common. If not, they will fear the impact this would have on their social circle.
3. Who is your ideal tenant? It is important that you ask yourself this. This is a great starting point for thinking about the kind of person you want to attract. Ensure that your house suits the type of tenant you want. So, for instance, a 1 bed flat is not going to attract a family. Be realistic within the constraints of your property – who would be your ideal tenant? What kind of person can you imagine living there? Where would they work? What would their interests be? Build a picture of your dream tenant in your head and try and really understand them. Some of this may seem irrelevant but it will help find your ideal tenant when we look at the next step.
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Last Update : Apr 25, 2018
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