What makes a great tenant? Is it someone who pays their rent on time? Do they take good care of the property? Are they able to respect their neighbors? Yes, all of these characteristics can be considered when selecting the right tenant.
To find the right tenant you first must make sure they can afford to live on your property. Next, see if they are paying their other bills on time. Are they paying their phone bill or cable bill on time? If not, you may want to reevaluate the individual. Lastly, determine who the tenants interact with. Will they be a problem to the neighbors? Personalities and habits are contagious. You’d want someone who is going to treat your rental property like home and not trash it. If you still have any additional questions about selecting the right tenant. please contact the Martin Law Group. We help creative investors close real estate deals.