Resource Author Francisco Rodriguez Higueras
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Trabajar Work From Home is Easy if you know how!
Trabajo Empleo Work From Home is Easy if you know how!

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The most irritating factor of being a landlord is dealing with tenants who misuse your property and cause damage. Such tenants often cause complete destruction and totally trash your property inside and out. There are a lot of real life experiences regarding damage causing tenants making rounds in the market.

If you are one of those people who believe that getting a decent tenant is a function of good luck, you are absolutely incorrect in your assessment. You should rather work towards making your luck favor you in tenant-related matters. This actually means that by following some measures provided below, you could reduce your concerns related to finding a good tenant considerably.

As more and more people get their home foreclosed on, they will need a place to live. Being that they have just went through a foreclosure, they will need to rent do to the fact that their credit has just went by the wayside. It will be another three years before they can even think about buying a home. With a foreclosure mark on the record, banks will be very hesitant to lend to them. Moreover, even when they do get to buy again, they will have a much higher interest rate than they might have had before.

As a second step, you ought to visit the property being vacated by the prospective tenant; or at the very least, at least drive along the property being vacated to ascertain the condition of the property. It is highly probable that your property will be treated in the same way as the one being vacated.

Thirdly, take photographs to keep a record of the condition of your property before and after the advertisement, in the presence of the tenant after the lease has been signed. Such pictorial evidences can go a long way in ensuring that the tenant uses the property as they would use their own house because in case of a law suit, the evidence presented will hold true in court and swing the decision in your favor.

As a fourth step, get a Property Condition Report made which documents the condition of your property before handing over the property to the tenant. Go through the report with the tenant and have him sign the inventory list and the conditions set forth. This will ensure that you have another legally binding document in hand apart from the lease agreement.

Fifthly, before handing over possession, take a substantial sum as a security deposit, including the first month’s rent. With so much at stake, the tenant will ensure he / she looks after your property well.

If you follow all the steps described above, there is no reason why you will not get a decent tenant who takes proper care of the property