4/1/2024 0 Comments Tenant pro 6![]() Some tenants are just lazy and can't bring themselves to write or drop off a check on time. ![]() You might also consider enabling digital rent payments. You should also ask for detailed information about their employment and income on your rental application, and be sure to follow up with their boss and previous landlord, too. Make sure they're up to date on all their payments, that they have a decent credit score, and that there are no bankruptcies, collections, or other negative marks on their record. Your best bet for avoiding a poor-paying renter is to run a credit check during your tenant screening process. It might even require entering the time-consuming and costly eviction process. Your rental properties are a business, and when a tenant doesn't pay up - or pays late consistently - it can throw off your entire operation. This is probably the worst kind of tenant. ![]() The ones who don't pay (or don't pay on time) If you want to keep your rental property business running smoothly and profitably, here are the tenants you'll want to steer clear of - and how to do it. They equal lost cash, more hassle, and a lot more in turnover costs.įortunately, a good tenant screening process can help you avoid the latter. Great tenants mean consistent income and fewer vacancies while bad ones mean just the opposite. As a rental property investor, your tenants can make or break you.
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