Plymouth MA, South Shore and Cape Cod Real Estate Blog

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TIPS FOR FINDING GREAT TENANTS

Locating and keeping good tenants is crucial when you buy an investment property, so a little caution during the screening process can save you a lot of headaches later on.

Intuition plays a role in a landlord's decision‑making process but it is very important to follow up on your intuition by checking on the facts. Ask your local REALTOR® to have prospective tenants fill out an application that includes both employment and personal references as well as the name, address and phone numbers of previous landlords. The application should also include written permission for you to run a credit check, if the prospects have not already provided a current one. 

In most areas it is difficult and expensive to evict someone who turns out to be less than a model tenant, so it is wise to conduct a thorough check of references and credit history. You should always work with a licensed REALTOR® who possesses a solid reputation for screening tenants as well as a familiarity of contracts for your protection.

Once you have found your new tenant, review all documentation and property requirements together before they take occupancy to ensure that you have no miscommunications down the road.

http://www.SamanthaNichols.com

 For a professional real estate consultation with a friendly approach based on honesty, integrity and positive results, please contact Samantha Nichols direct at 508-726-1870 or email at Sam@SamanthaNichols.com. ERA Belsito and Associates is conveniently located at 100 Court Street in Historic Downtown Plymouth, MA 02360.

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Samantha Nichols

Marketing Specialist

508.726.1870

Serving Plymouth, the South Shore and Cape Cod & the Islands

 View the entire Multiple Listing database through my website: http://www.SamanthaNichols.com

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Comment balloon 2 commentsSamantha Nichols • June 24 2009 12:26PM

Comments

Hi Samantha - Doing your home work on tenants is certainly very important. I would also add that a tenant in today's environment should also be checking the qualifications of their landlord.

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) about 9 years ago

Good Advice from both.  Given the Crazy forclosure market tenants need to at least ask the question.

Posted by Thomas D (TMD Technology) almost 9 years ago

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