How to Find the Perfect Tenant

How to Find the Perfect Tenant

How to Find the Perfect Tenant

As a property investor, one of the most important things you can do is find a good tenant. A good tenant will take care of your property, pay their rent on time, and cause minimal disruptions. In this blog post, we'll give you some tips on how to find the perfect tenant for your rental property.

1. Define your ideal tenant.

Before you start looking for tenants, it's important to sit down and think about what you're looking for and who your property suits.
What kind of person would be the ideal tenant for your property?
Will it be a family or an individual?
By defining your ideal tenant, you'll be able to write an ad to the key applicants more effectively.

2. Place ads in strategic locations.

Once you know who you're looking for, it's time to start advertising your rental property. In addition to online listings, consider placing ads in local print publications (such as community newsletters) and on community bulletin boards (such as those in supermarkets or libraries). By targeting specific audiences, you'll have a better chance of attracting qualified applicants.

3. Screen applicants carefully.

Once you start receiving applications, it's important to take your time and screen each applicant carefully. In addition to doing a background check and verifying their employment history, make sure to schedule an in-person meeting so that you can get a feel for their personality. After all, you'll be entrusting them with your property!

4. Be available for questions (and emergencies).

Once you've found the perfect tenant, it's important to stay available in case they have any questions or experience any problems while living in your rental property. By making yourself available, you'll show your tenant that you're invested in their experience—which may encourage them to renew their lease when the time comes.

Finding a good tenant is one of the most important things that you can do as a property investor. By following these tips, you'll be well on your way to finding the perfect tenant for your rental property!

Don't have time? City Sales is reopening our Tenant Finding service. Call us on 09 3030 601 and ask to speak with Jess.