Information You Need To Know About A Prospective Renter
It is never easy for a property manager to maintain and organize everything that concerns the preservation of a rental home
. In fact, the burden starts at the tenant screening procedure.
The common downside most property managers confront is the intricacy of finding the best tenant who will be earnest in paying the rental fee and an occupant who will maintain the condition of the property. In order to avoid situations when you and the renter play hide and seek during collection period, it is necessary that you cautiously and thoroughly screen applicants.
Below are some of the techniques that you can employ in examining the qualifications of the applicants:
Ask the applicants to provide you his or her most recent identification card. This will help you verify the identity of the person you are dealing with. Property managers often require their clients to show and provide a copy of their driver's license. Again, ascertain that the person will provide you the latest ID and not the expired one. As it could mean unwillingness to give his current information and that is not a good implication.
Asking for the contact information of the applicants will also help you easily get in touch with them. Acquire as many contact information as you can from the people associated to your client, it could be his mother, father, friends and family's contact details. Mobile phone numbers is more reliable than landline number because at the time your tenant hides from you can still locate his place using GPS or Global Positioning System.
Apart from the personal information, you also need to get his employment background and past rental references for assess his capacity to pay the monthly rental. Ask them regarding their employment background and history. Contact its current employer to verify his job and his income. In case the client beg off to provide you the exact figure of his income then can still deal with him by setting a range for the payment to which both of you will agree. For self-employed applicants, simply ask for a copy of his tax return. And do not forget to peruse his rental references. Know if he has been a good tenant in his former apartment.
It is a huge blunder for a property manager not to look over on the applicant's credit record and background. You need to know whether the person you are dealing with have jailed because of apartment burglary or unpaid rents. Keep in mind that background check is an indispensable process of screening a good client.
Finally, do it for yourself. Cover yourself with sufficient deposits and payment security.