Title: How to Find the Best Tenants with Property Management Gold Coast
1How to Find the Best Tenants with Property
Management Gold Coast
mrwrightproperty
2Most Landlords and Letting agents have a clear
idea of what their preferred tenant should be
like. This tenant is professional, reliable,
polite, prompt with rental payment, considerate
to neighbours and overall causes no concern for
the landlord or letting agent at all. But how do
you find such a catch without running a tenant
check? All of the above characteristics are very
desirable, but above all these things, what a
letting agent or landlord really needs in honesty
and communication. A tenant that will communicate
when there is an issue and work with you as the
property owner to reach solutions makes
everybodys life easier. On the other hand,
having a tenant who does not answer
correspondence, is not helpful when issues arise
and cannot be contacted when the rent is due can
become a nightmare very quickly. The following
will detail how to run tenant checks successfully
to help you find those wonderful tenants.
3- There are a few steps a landlord or letting agent
can take to fully check tenants before accepted
them into the property management Gold Coast -
- Credit Checks
- Running a credit check on a prospective tenant is
about confirming that they are financially
responsible, most credit reports will confirm - That they are on the electoral register
- Confirm previous addresses
- Any bankruptcies or insolvencies
4- Employers reference
- An employer reference check should just confirm
the tenant's employment status. Most employer
referees will not provide anything but factual
information. - You should be confirming
- The tenants annual Salary
- How long they have worked for the company
stated - If they are part-time, full-time or contracted
- Confirmation that the referee is the tenants
current employer
5- Landlords Reference
- If the tenant you have in mind is already living
in a rental property then it is very much worth
your while getting a reference from the previous
landlord. Any good reference will ask for
following questions - How long was the tenant in this property, what
were the contract dates? - How much was the rent for this property?
- Did the tenant pay their rent on time?
- Would the landlord recommend this tenant?
6- Guarantor's reference
- If a situation arises where you are unhappy with
the results of the tenant checks then a using a
guarantor may be a good option. This is usually
done for those who are students with no secured
income, a tenant with a low income or a tenant
who has an irregular employment history. A
guarantor will be a close relative or someone
willing to assume financial liability for the
tenant if the tenant stops paying rent. This
means that if the tenant defaults on rent it is
the guarantor's responsibility to take over these
rental payments, protecting your property
management Gold Coast investment.
7Thank You
Mrwrightproperty Address - 108/137
Laver Drive, Robina, QLD, 4226