Continuing our previous article on how to ensure you get the right tenants. In the previous article we discussed using a rental application form, being aware of the Fair Housing Act, asking for proof of identity and keeping a copy, and doing a background and credit check.
Now we move on to five other tips to protect yourself, and your property from harm. Remember, even Naples luxury rentals or Port Royal rentals are subject to the same problems other properties are.
Check out the previous landlord. If the tenant rented before, talk to the landlord. Not everyone reports problems to the authorities. A quick call to the previous landlord could alert you to problems before they happen. It’s also a good habit to get into as you will be asked to do the same things for other landlords. Build up a rapport with others and you can keep each other appraised of difficult tenants.
Get character references. While it may seem even more troublesome than calling the previous landlord, it’s essential if you want to get as full a picture as possible of your prospective tenants. Make sure you get some character references, then take the time to actually check them. Following up will make sure the ones they gave you are legitimate. Many problem tenants will depend on finding a lazy or busy landlord who will take them at their word. By following up on everything, not only do you show a professional image, you should prevent problems further down the line.
Meet the tenants in person. We all do business over the internet, it’s quick, easy and convenient but there is nothing like a face-to-face meeting. It gives you the opportunity to look them in the eye, and they you. You can quickly get a feeling for them at a meeting and it can often be the beginning of a fruitful relationship. If you have Port Royal homes for rent, then you’re talking significant money. Taking the time to do everything properly will certainly pay off here.
Adhere to the Fair Housing Act. This is a fairly complex act, but one that is easy to follow. All you have to do is ensure you don’t discriminate against anyone due to their color, race, religion or any similar reasons. It is wise to become familiar with the Act so you don’t fall foul when rejecting potential tenants. As long as you’re rejecting them for a legitimate reason you should be okay.
Include a written code of conduct with the lease information. This should show, in plain English what is expected of the tenant, and you regarding the tenancy. It should be as clear and as transparent as possible, and you should get the tenant to sign a copy to say they have read and agreed it.
By following these simple guidelines, any luxury property rental venture you may undertake stands a much better chance of success. By covering yourself and being thorough in your approach you can hopefully avoid all but the most sophisticated troublesome tenants.
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