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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 .
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 .
Category
Tags
- A background And Credit Check,Interview Your Tenant Wisely,Make Sure Applications Filled By Roommates,A Complete Application
- . SETTING PRECISE RENTAL RATES ACCORDING TO MARKET ,FINDING THE AUTHENTIC AND RESPONSIBLE TENANT & THEIR MANAGEMENT,MARKETING AND ADVERTISING YOUR PROPERTY,
- Crete,Corfu,,Rhodes,Cephalonia,Mykonos
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