It’s well known by experienced landlords that bad tenants cause even worse problems. Almost all of the problems a landlord faces with his/her tenants can be eliminated through a good screening process. If you know how to screen the tenants then you can eliminate the risk of hiring bad tenants. Here we are going to tell you the right way of finding and hiring right tenants for your rental property.
Advertise your property
Advertising your property will let everyone know that you have property for rent. They can apply for occupancy. Sometimes you just miss the potential tenants just because they are not able to find you. By advertising your property you will be able to find those tenants who live in other areas. So, using both online and offline mediums you can advertise your rental unit.
Use formal application form
Application forms are generally used by the professional property managers. The form needs to be filled by the applicants who are applying for the property. You must also use it for collecting their details and information like their name, contact number, current address, designation, etc.
The information you collected through application form should be used for screening tenants. You should do background check, criminal record, past credit records, previous evictions and much more. This way you will be able to hire the right tenant.
Question you should ask
There are many questions that you must ask to the tenants before hiring them such as:
- Why you are moving?
- When do you want to move in?
- How much do you earn?
- Do you have pets?
- How many of you will be living in the property?
- Have you ever been evicted?
These questions will help you to know more about the candidate and you can hire the one whom you got most positive answers from.
Choose a tenant who is consistent
You really don’t want your property to be vacant again within a month or couple of months. So, you should find the tenant who is consistent. Check their current location and office address, if they switch from time to time then this activity will be continuing and they will never stay for a longer time. Find the tenant who is consistent and will stay longer.
These are tips to find the right tenants for your rental property. But hiring professional property management company make this easier for you. With them you will find higher-quality tenants for your Maryland rental property. So, hire property management company Maryland and enjoy tension-free landlordship by hiring potential tenants.
Related Article – How to Find the Best Property Management Company?
Avinash Kumar is a passionate business analyst and writer. He loves writing on various topics especially on business related topics. Currently he is rendering his services to professional Real Estate, Property Management Company in Baltimore, Maryland that provides services of professional property management, rental management, tenants’ management, landlords, property maintenance and the best working area of property management in Anne Arundel and Baltimore County and other cities and counties of USA.