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Home / Features / How to find a good tenant for your property

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How to find a good tenant for your property

Are you a property owner looking for a tenant? Find a good, calm, polite paying tenant, make peace with your neighbors. All owners dream of it! But finding rare pearls is not always easy. Choosing tenants requires common sense, time and lots of precautions! A motto: check the creditworthiness of the candidates for rent.

How to find a tenant?

To find a tenant, the owner can take his own steps or call a professional. Which solution should be chosen? To find tenants, two solutions are available for homeowners.

The first, look from certain to certain. This is the most economical solution, but also the most time consuming. The owner takes care of everything. He compiled rental deals, put them on track or in special media, visited accommodations, checked the creditworthiness of tenants, drafted leases and signed them, realized inventory of equipment and finally managed current housing management.

The second solution is to use real estate agents or other intermediaries. The owner wins on time, but not in money. A professional takes care of rentals, looks for prospective tenants, visits, verifies solvency, arranging and signing leases ... And then ensures rental management every day. The tenant then deals with the agency and not the owner.

Check the tenant file

To build tenant files, the owner can request certain documents. This ensures the seriousness and solvency of candidates to be hired.

The land owner has the right to request a number of documents to ensure that the right tenant is selected. Solvency, identity, seriousness, what can you ask to become your tenant file?

To ensure its solvency:

- the last three payment slips;
- employment contract (fixed, permanent, temporary period ...);
- latest tax notice;
- the last three rental receipts;
- bank account report.

To ensure their seriousness and identity:

- copy of his identity document (identity card, passport ...);
- copy of identity document, three final payment slips and tax bill for tenant guarantor.

On the other hand, tenant files cannot contain:

- copy of bank account statement;
- debit authorization;
- photo ID;
- social insurance card;
- medical files;
- excerpts from criminal records;
- Check the reservation.

How to find the right tenant?

Between rent and unpaid damage, finding a good tenant is very necessary. Here are some tips.

To make your real estate investment profitable, you must find good tenants who regularly pay rent. Here are some keys to finding rare pearls.

To find and choose a good tenant, don't hesitate to ask about the solvency of candidates for rent and their professional situation. To ensure your tenants pay rent, it is advisable to ask them to provide the latest payment slips, employment contracts, and the latest tax notifications. These documents will help you ensure that tenants have a stable financial and professional situation. And don’t forget to visit https://bso.ae/. It helps!

However, that habit does not make a monk and someone in a good situation can be a bad payer. To ensure the seriousness of your good tenant, you have the right to request details from the former owner. The latter can tell you about the tenant's character and regularity and seriousness in lease payments. You can even ask the tenant candidate to give you the last rental receipt to convince you.

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