If you’re wondering how to find the best tenant for your rental home, keep in mind that there is no such thing as the “best” tenant. What you really want is a qualified tenant. Don’t spend a lot of time trying to find a needle in a haystack. Find someone who is qualified. Once you are able to verify an applicant has enough income and the proper background, you’ll know they are qualified by your standards and you’ve got what you’re looking for.
Here are some tips that will help you find a qualified tenant:
- Advertise early. Good tenants look for property early.
- Price the property at the market rates. Don’t try to be a hero and get 25 percent more than the property is worth.
- Prepare the home before you show it. Fix it up and clean it up.
- Know your tenants. You can screen through any number of methods and evidence leaves clues. You’re going to find out that whatever kind of tenant this person was before is exactly the type of tenant he is going to be again, when he rents your property.
- Find the Best Tenant
A qualified tenant will look for a qualified property. Use a good lease that is legally sufficient and reflects all the updates in the State of Florida. Finally, treat your tenants with respect. A good tenant won’t let you disrespect them. Hold their feet to the fire so they do what they need to do, but hold your own feet to the fire as well. You’ll have a good relationship.
If you need any help in finding – not the best tenant, but a qualified tenant – please contact us at Florida Management & Consulting Group, and we’d be more than happy to help you.
Military: David Harper is a retired United States Air Force Lieutenant Colonel. As a Lieutenant he served in Southeast Asia during the Vietnam War (1968-1969) where he was a Casualty Staging Officer ( Aeromedical Evacuation). He was tasked with moving wounded Soldiers and Marines from Vietnam to various military hospitals in the theatre and eventually Stateside. After serving in several Air Force Reserve Units he was “called up” to serve in Desert Shield/Desert Storm (1990-1991) Where he was Chief Planner on the Central Command Staff for the Aeromedical Evacuation of all US Casualties during the pre-invasion and post-invasion phases. He retired from the Air Force Reserve in 1993. Currently he is the President of the Broward County Chapter of the Military Officer’s Association of America.
South Florida Property Manager Roger Schalk is a member of the National Association of Residential Property Managers (NARPM), and the Florida Association of Property Managers (FARPM). A real estate professional for 18 years he has spent his entire professional career managing and developing company’s and their employees in customer facing roles and has successfully established himself in Property Management.