How To Find The Right Tenant

Create a posting that throughly describes your rental, along with a complete list of your criteria for the right tenant.

When the replies from your ad come in, measure each person by the list of criteria, on a first-come-first-serve basis, and voila! The right tenant will magically appear before your eyes.

Here's a handy-dandy list of criteria to start

Able to afford the rent  Verify that your new tenant earns 2-3 times the amount of the rent per month by looking over recent pay stubs or bank statements. Have steady income Check current professional references and bank statements to be sure that your new tenant has a reliable revenue stream. Pay their bills on time Read every line of your new tenant’s credit report and evaluate their credit score to determine your new tenant’s level of risk. Have good references Call all of your new tenant’s references and find out how they are to live or work with, or what they’ve been like as a friend over the years. A fit for the community No pets allowed? 55 and over? Nudists? Make sure your new tenant is aware of the rules of the community and easily abides by them. A clear communicator Does your new tenant ignore your messages or show up unannounced? This is how your communication will go for your entire relationship. Make sure you and your new tenant communicate with ease.

Problem solved.