How you get things started determines how they will roll. This applies with landlords and tenants. Take house renting to be a marriage. You have to be sure that your spouse is your kind. Otherwise, you will fall in too many conflicts in the near future leading to divorce. And you know what comes with divorce. You can save yourself all the trouble by waiting for the ideal partner who understands. Landlords get bound to their tenants after signing the contract. If you get best tenants, you are lucky. If your tenants are troublesome, you will have to deal with it. They will cost you a lot and eventually, you will be forced to evict them. Screening is hence very essential to determine right from the start who qualifies and who doesn’t. Just make your hiring procedure appear as follows.
- Advertise and wait for contact
Its business like any other. You have to entice tenants to like your premises through advertising. Well established landlords however don’t have to go through advertising and its costs as well. After you have made it clear that you have a vacant unit or units, tenants will make effort to contact you. First contact however doesn’t involve much. You can expect that the tenant wants to know more about the advert and if the space has been taken. Any other clarifications like the lease rate and the condition of the property will follow. Don’t let the tenant ask all the questions here. Put in some of your screening questions to determine how serious he/she is in obtaining accommodation. This way, you will get rid of people who just waste your time.
- Schedule a meeting
If you have some confidence that your contact is serious, proceed on to showing him/her the apartments. You will have to meet with the tenant and show him/her all the apartment details. Tenants want to confirm that what was on the advert is what they are seeing. It is also important that as you bring out both the positives and the negatives of living in your apartments. A tenant will not blame you if he/she finds life not according to expectation. Just by face to face meeting, you can have some idea of who you are dealing with. Try to interact to deduce as much info as possible from the tenant. Again, there are some pitfalls in this stage. Watch out for deception and other red flags.
- Let the tenants apply
By the time you get to this stage, the prospect tenant knows what is on the offer and you have some idea who he/she is. Applications is then recommended for official screening purposes. Don’t make the mistake of skipping this stage just because a tenant convinced you how suitable and peaceful they are. If the clients seems to have interest, let application be the only way to winning a vacant.
- Screen and approve
Criminal checks and credit reports should be among the essentials at this stage. Only award the lease to the promising candidates who have no blemish in fitting in. if you are confident with the winning candidate, have him/her sign the lease contract and move in.