Tips on Getting the Right Tenants for your Garden City RentalsFurnished ApartmentsUpdated on Jul 1, 2014 View more like this | Visit HEMPSTEAD, NY | Contact Enrica Clavito |
If you are a landlord, the first thing that you need to think about is the kind of tenants occupying your apartment. Renting to a bad tenant can cause an ongoing headache. As a landlord, you need tenants who will pay rent on time and keep the building clean. Such tenants are not hard to come by, but you need to put some checks to make sure that you get the best. Here are a few tips that can help you in getting the right tenants for your Garden City rentals.
Make your apartment show well
Good tenants will go for clean and organized apartments. Such tenants may opt to rent houses that are expensive but well maintained. For you to attract such tenants, you need to make sure that all the appliances are properly fixed and the surroundings well-kept. This will sift out tenants who are used to living in places with broken appliances and filthy surroundings.
Increase rent
The kind of renters you get in your apartment will depend on the rent paid. Try to increase the rent to a certain amount that will sieve out tenants who can’t pay on time. Your rent should however, not go beyond the market value of similar apartments.
Application and deposit check
Before admitting tenants in, ask them to fill in rental application. The tenant should also give you a check for deposit. The application should capture all the important details of the tenant. Take your time to go through the application to understand your potential tenant better.
Verify the salary of the tenant
The monthly salary of the tenant can act as good indicator of whether the person can afford to pay rent. Verify the salary by a pay stub and not through word of mouth. If the renter is an independent contractor or self-employed, use the tax returns to calculate their monthly income.
Landlord references
Ask the tenant to give contact of their immediate landlord. Call the landlord and ask whether the tenant is a prompt in rent payment. You can also ask about the behavior of the person in the rentals and their relationship with other tenants.
Meet up with the tenant
Make an effort of meeting the tenant before admitting them in your Garden City rentals. This will give you an opportunity to assess the person. The general appearance of the tenant could speak volumes about their character. Their grooming may act as a pointer of how well they can maintain a clean environment.
Make your apartment show well
Good tenants will go for clean and organized apartments. Such tenants may opt to rent houses that are expensive but well maintained. For you to attract such tenants, you need to make sure that all the appliances are properly fixed and the surroundings well-kept. This will sift out tenants who are used to living in places with broken appliances and filthy surroundings.
Increase rent
The kind of renters you get in your apartment will depend on the rent paid. Try to increase the rent to a certain amount that will sieve out tenants who can’t pay on time. Your rent should however, not go beyond the market value of similar apartments.
Application and deposit check
Before admitting tenants in, ask them to fill in rental application. The tenant should also give you a check for deposit. The application should capture all the important details of the tenant. Take your time to go through the application to understand your potential tenant better.
Verify the salary of the tenant
The monthly salary of the tenant can act as good indicator of whether the person can afford to pay rent. Verify the salary by a pay stub and not through word of mouth. If the renter is an independent contractor or self-employed, use the tax returns to calculate their monthly income.
Landlord references
Ask the tenant to give contact of their immediate landlord. Call the landlord and ask whether the tenant is a prompt in rent payment. You can also ask about the behavior of the person in the rentals and their relationship with other tenants.
Meet up with the tenant
Make an effort of meeting the tenant before admitting them in your Garden City rentals. This will give you an opportunity to assess the person. The general appearance of the tenant could speak volumes about their character. Their grooming may act as a pointer of how well they can maintain a clean environment.
