Uploaded on Nov 14, 2022
Vet Your Tenant The more information you have, the easier it will be to decide whether to accept them as your tenants. Their Financial Position It is likely that a person who negotiates in bad faith will continue to display those bad characteristics as a tenant. Furnished Or Not Try not to furnish your unit until a tenant is confirmed. Once tenancy is secured, discuss and set a limit on how much you will spend on furnishings.
ESSENTIAL TIPS FOR LANDLORDS
ESSENTIAL
TIPS FOR
LANDLORDS
01 VET YOUR TENANT
The more information you have, the
easier it will be to decide whether to
accept them as your tenants.
02 THEIR FINANCIAL POSITION
It is likely that a person who negotiates
in bad faith will continue to display those
bad characteristics as a tenant.
03 FURNISHED OR NOT
Try not to furnish your unit until a tenant
is confirmed. Once tenancy is secured,
discuss and set a limit on how much you
will spend on furnishings.
04 BASIC NECESSITIES
Provide basic items like lights, water
heaters, air conditioners, etc. It could
make or break your rental chances.
05 TENANCY AGREEMENT
A solid agreement is essential to ensure
a smooth tenancy. Seek professional help
from a lawyer or an estate agent for vital
clauses in a contract.
06 SEEK PROFESSIONAL HELP
Always seek the help of a professional.
They do this for a living and will be better
at reading the tenant and making the
right decisions on your behalf.
07 KEEP AN INVENTORY
Make a detailed inventory of your
property. It should be part of the tenancy
agreement. A photographic inventory is a
good idea to keep track of the items in
your unit.
THANKS
Does anyone have any questions?
+1 855-266-8588
www.bolldpm.com
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