8 Effective Tips to Avoid Bad Tenants

As landlords, whether you like it or not, in one way or another you will come across bad tenants -and that is totally horrifying! What’s more awful is, you could face legal ramification if you went out your way to evict those bad tenants without considering the proper eviction procedures.

As property owners, you don’t like the thought of going to court to file a case against a bad tenant. Not only does it take much of your time, it will also cost you money and stress you out. Now if you want to avoid bad tenants, here are some effective tips you can consider:

  • Eligibility status – It may sound too complex but this is extremely important. Avoiding bad tenants is one of surest ways to let consistent cash flow in your rental business. As far as eligibility status is a concern, it is really important that you do some background check before signing contracts with tenants.

  • Seek for a rental guarantor – if you do not know more about the tenants, ask for someone to be a guarantor.  For instance, the tenant fails to pay; the guarantor will be the one responsible for paying you up for the rental fee.  The guarantor should be someone who is credible, and trustworthy with official documents to prove his identity. These days, you can’t just afford to trust anyone like that, so keep yourself away from major issues by being very vigilant with what your rental business calls for.

  • References – If it’s your first time to meet the tenant, make sure to ask for references from his/her employer or previous landlord. Both employer and landlord could directly provide information through tenant references. It could be in a form of a letter or signed documents confirming that the tenant is credible and trustworthy.

  • Double check legal documents – if they provide pay slip, bank statement, tenant reference letter, etc, make sure that you double check the authenticity of all these documents. The advance technology made it a lot easier for people to create fake documents – and you should avoid that. Be very mindful!

  • Document verification – as much as possible, ask the tenants to provide document verification. For instance, ask them to have their documents notarized. It might be a little complex but it will surely protect you and your business.

  • Pay Attention to your Instinct – If you are not fully convinced of the sincerity of the tenant, do not ever let them sign any rental agreement. Closing a deal quickly is good when it comes to finding money but choosing the right tenant is not something that you should be in a hurry for. Beforehand, make sure to assess your gut feeling, based on what the tenant said and showed you. It’s better to safe than sorry after all.

  • Professional’s Advice – if you are new to the rental business make sure to seek professional’s advice before you let the tenant sign a rental contract

Now, if you are still in doubt, here’s a reliable team of professionals you can speak with.

As far as evictions in South Florida, you can always contact Headley Legal Support Services.

 

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