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Jan 06 2018 Posted by: Admin  On  Marketing

5 Things You Need To Consider While Screening Tenants for Your Property

No one can match the love of your property. The property owners who own multiple properties make a good amount of money by giving it so some tenant who needs it. But finding a right tenant for your property is not a piece of cake. Tenants may promise to give rents on time to time and follow the lease terms; a proper screening for tenant would help to get the right tenant.

Medusa Management is a leading property management company in Greece providing the frontline services of Residential Sales, Residential Rentals, Commercial, Mortgage services, Retail, Property Management, and Relocation. In residential rentals, Medusa Management has brought the responsible tenant to your property and follows some steps while screening.

Below are six things that you should include for doing a screening test of the tenant.

1.    A background And Credit Check

A background check is mandatory before giving your property on lease. It will dig out the criminal records and other wrong activities of your possible tenant. They may seem reluctant to allow you a background check, but you should be strict towards it. Credit check makes sure that the tenant has not declared bankruptcy. Doing checks would help you to know that if the tenant has evictions by their previous landlords or they are late in paying their bills.

2.    Interview Your Tenant Wisely

During interviews, the tenant may lie to you to get the house. Some people are nice in real and have nothing to hide. But others may lie to make a good impression on you. Don’t get deceived by their tricks and crosscheck the references provided by the tenant.

 

3.    Make Sure Applications Filled By Roommates

If you are renting your property to many people like roommates, then ask every person living in the house to fill the applications. Even if there is one taking the full responsibility for managing the rents, make every person co-signer in the application. But if he fails to do, then you have other people who you can ask for the rent.

 

4.    A Complete Application

Make sure that the applicant has filled every information, even minute, in the tenant application. The applicant can skip providing the information like rental history, job history, and references. If they do so, there is a red signal. Don’t let them do so; they might do this to cover up. Ask them to complete the application before they move into your house.

 

5.    How much Money they Make

If your property is far more luxurious, then the rental price would be high too. In that case, check the salary of the tenant. A proof of income would be better and consider verifying the information provided by the tenant to avoid any trouble in the future. Your tenant should be making three times of your rent is an ideal state.

Get the right tenant, who is responsible and good, and make money without any tension. Drop us a mail at info@medusamgt.gr or visit our website for more details http://medusamgt.gr .

Jan 06 2018 Posted by: Admin  On  Marketing

5 Things You Need To Consider While Screening Tenants for Your Property

No one can match the love of your property. The property owners who own multiple properties make a good amount of money by giving it so some tenant who needs it. But finding a right tenant for your property is not a piece of cake. Tenants may promise to give rents on time to time and follow the lease terms; a proper screening for tenant would help to get the right tenant.

Medusa Management is a leading property management company in Greece providing the frontline services of Residential Sales, Residential Rentals, Commercial, Mortgage services, Retail, Property Management, and Relocation. In residential rentals, Medusa Management has brought the responsible tenant to your property and follows some steps while screening.

Below are six things that you should include for doing a screening test of the tenant.

1.    A background And Credit Check

A background check is mandatory before giving your property on lease. It will dig out the criminal records and other wrong activities of your possible tenant. They may seem reluctant to allow you a background check, but you should be strict towards it. Credit check makes sure that the tenant has not declared bankruptcy. Doing checks would help you to know that if the tenant has evictions by their previous landlords or they are late in paying their bills.

2.    Interview Your Tenant Wisely

During interviews, the tenant may lie to you to get the house. Some people are nice in real and have nothing to hide. But others may lie to make a good impression on you. Don’t get deceived by their tricks and crosscheck the references provided by the tenant.

 

3.    Make Sure Applications Filled By Roommates

If you are renting your property to many people like roommates, then ask every person living in the house to fill the applications. Even if there is one taking the full responsibility for managing the rents, make every person co-signer in the application. But if he fails to do, then you have other people who you can ask for the rent.

 

4.    A Complete Application

Make sure that the applicant has filled every information, even minute, in the tenant application. The applicant can skip providing the information like rental history, job history, and references. If they do so, there is a red signal. Don’t let them do so; they might do this to cover up. Ask them to complete the application before they move into your house.

 

5.    How much Money they Make

If your property is far more luxurious, then the rental price would be high too. In that case, check the salary of the tenant. A proof of income would be better and consider verifying the information provided by the tenant to avoid any trouble in the future. Your tenant should be making three times of your rent is an ideal state.

Get the right tenant, who is responsible and good, and make money without any tension. Drop us a mail at info@medusamgt.gr or visit our website for more details http://medusamgt.gr .