find good tenants - PowerPoint PPT Presentation

Loading...

PPT – find good tenants PowerPoint presentation | free to download - id: 877400-ZTZmM



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

find good tenants

Description:

Finding the perfect tenant can often be like finding a needle in a haystack, especially if you lack the experience and qualified knowledge of a property management company. To find good tenants, you need time, persistence and a lot of patience. Screening process can be a very aggravating process so it might be a good idea to have an Orange County Property Management company undergo this procedure and take the stress off your hands. For more visit us : – PowerPoint PPT presentation

Number of Views:18
Slides: 9
Provided by: goodman
Category: Other

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: find good tenants


1
How To Find Good Tenants
www.goodmanmanagementteam.com
2
  • Finding the perfect tenant can often be like
    finding a needle in a haystack, especially if you
    lack the experience and qualified knowledge of a
    property management company. To find good
    tenants, you need time, persistence and a lot of
    patience.

www.goodmanmanagementteam.com
3
Posting in the Right Places
  • To find good tenants, your screening process
    needs to be vigilant from day one. To avoid a lot
    of unnecessary intake of interest from tenants
    you do not want, you need to look and advertise
    on the right places. For example, if you want a
    young family for your tenants in Orange County,
    you do not want to advertise to students.

A good Orange County property management company
will have an entire database that differentiate
depending on who you want to target. That way
your response will be more streamlined depending
on who you want in your Orange County rental
property.
www.goodmanmanagementteam.com
4
First Point of Contact (pre-screen)
  • Once you start generating interest, which will
    either be by phone or email, you need to have
    prepared relevant questions that will help in
    screening potential tenants in the next stage.
    Usual first stage questions include name, reason
    for moving in, how long they are planning to
    stay, pets etc.

Make sure to mention within the call that you do
a comprehensive background and criminal check as
standard and the minimum income requirement for
your tenants. This will cut away any tenants that
could give you a mountain of problems in the
future and allow you to find good tenants amongst
the rest.
www.goodmanmanagementteam.com
5
Rental Property Viewing (in-person screening)
  • This is the opportunity to ask any further
    questions and observe the person and how they
    respond face to face. Make sure to answer all
    their questions but also note what they ask, if
    they arrive late and even perhaps walk them to
    their car so you can see how they take care of
    their own vehicle.

These things can be minor insights into how they
will treat your property and rental agreement.
Make sure to mention that if they are interested,
you will need at least two references from their
previous landlord and employer (neither can be a
family a member).
www.goodmanmanagementteam.com
6
Rental Application
  • Once your potential tenants show enough interest,
    they will want to fill in a rental application
    form. For this, you need to make sure your
    application form is compliant with state
    regulations and that you do not call their
    references or run a background check without
    telling the tenant first.

Furthermore, you cannot accept a form with any
blank spaces absolutely everything needs to be
filled out. This is the last chance to find good
tenants within your pile of forms, so screen
wisely.
www.goodmanmanagementteam.com
7
Selecting Your Tenants
  • Once you have chosen tenants for your rental
    property, you may be finally finishing the whole
    process or not! Always first call the tenants
    that you have selected prior to calling those you
    have rejected. If those selected actually turn
    you down because they have found property they
    liked better or just changed their minds, you are
    going to have to reassess your other tenants.

The only other option is to overhaul your entire
list and start again, which can be quite common,
if nobody on your current list particularly
appeal to you. This can be the most annoying
aspect of the screening process, and a great
reason to have an Orange County Property
Management company undergo this procedure to take
the stress off your hands.
www.goodmanmanagementteam.com
8
FOR MORE INFORMATION
Gerry Goodman Real Estate Services 3239 E
Meadowridge Rd,Orange, CA 92867 Cell
(714)588-3338 Fax (714)282-2242Email
gerry_at_gerrygoodman.com http//www.goodmanmanageme
ntteam.com
About PowerShow.com