February 26, 2008

Checking out potential tenants

Taking on tenants is a real headache for some people, but there are some questions that you can ask them while viewing the property or before, that can help you decide as to their suitability to both the property and you.

Here are some questions to ask:

HOW LONG HAVE YOU WORKED FOR YOUR CURRENT EMPLOYER?
HOW LONG DID YOU WORK AT THE JOB BEFORE YOUR CURRENT EMPLOYER?
HOW LONG HAVE YOU LIVED AT YOUR CURRENT RESIDENCE?
WHY ARE YOU MOVING?
ARE YOU ABLE TO PAY THE FIRST MONTH’S RENT AND DEPOSIT TODAY?
DO YOU HAVE A CURRENT PAYSTUB TO VERIFY EMPLOYMENT?
HAVE YOU HAD ANY CREDIT PROBLEMS THAT I SHOULD KNOW ABOUT?
HAVE YOU EVER BEEN EVICTED?
HAVE YOU EVER TAKEN A LANDLORD TO COURT?
WHO WILL BE LIVING IN THE UNIT?

Once these are answered and you are satisfied then you have a great idea of how it might go.

Source [Helium]