Things You’ll Need:
- Detailed application form
- Verify references
- Credit rating agency report
- Authorization Document to release information(google this and download form)
- Security Deposit from tenant
- Photograph your property before tenant moves in
Little issues can damage your relationship as landlord and tenant. The best possible event would be to find tenants that you get along with. Here are some tips to help with this process. You will need to have your tenants fill out a detailed application form. You can find these forms online through any search engine and you can download them and print them out.
Credit information form If someone refuses to fill the application, then do not rent to them. Important information to know, is their name, credit details, past rental details, applicant’s employer,income and driver’s license number. You can get all this information by downloading an Authorization to Release Information by searching google. This is important to check the person’s credit information.
Contact their references and document what they say. Ask the previous landlords about the applicant’s history in paying rent. You can go online to your states judiciary site online to find any court cases against the perspective tenants. If things are in order, require at least one months’ rent in advance as a security deposit. If the applicant can’t pay the security deposit, this may be a red flag to you that the person may not be able to pay their rent monthly.
Welcoming your tenant Lastly photograph your property and make a detailed report of the condition of your property. This step protects you in case of property damage. If you prefer not to do this yourself, call a local real estate agent, or Property Management Company.
Join a Landlord Organization in your hometown
if you prefer not to do this yourself, call a local real estate agent, or Property Management Company.