6 Qualities Of Good Tenants – What Makes A Good Tenant?

As a landlord, one of the most important decisions you will make is choosing tenants for your property. The right tenant can make your life easier, while the wrong tenant can cause endless headaches and financial problems. But what makes a good tenant? Here are six qualities to look for:

Good Credit Score

One of the first things to check when screening potential tenants is their credit score. A good credit score indicates that the tenant is financially responsible and is more likely to pay rent on time. A bad credit score, on the other hand, is a warning sign that the tenant may not be reliable with payments.

Steady Income

It’s important to verify that the tenant has a steady source of income to ensure they can pay rent each month. Ask for proof of income, such as pay stubs, and make sure the tenant earns at least three times the monthly rent.

Good Rental History

A good rental history shows that the tenant has a track record of being a responsible renter. Contact their previous landlords to verify that they paid rent on time and didn’t cause any problems. If the tenant has never rented before, ask for personal references from reliable sources.

Respectful and Responsible

A good tenant is respectful of your property and your neighbors. They take care of the property, report any maintenance issues promptly, and avoid causing damage. They also follow the terms of the lease and don’t cause problems with other tenants or neighbors.

Good Communication

Clear communication is key to a successful landlord-tenant relationship. Look for tenants who respond promptly to messages and are willing to communicate any concerns or issues that arise. This makes it easier to address problems before they become bigger issues.

Honest and Trustworthy

A good tenant is honest and trustworthy. They provide accurate information on their application, and they don’t hide anything from you. You should feel confident that they will take care of your property and pay rent on time.

Bottom Line

In conclusion, finding the right tenant takes time and effort, but it’s worth it in the long run. A good tenant can make your life easier and help ensure that your property is well-maintained and profitable. At Reliance Residential, we pride ourselves in finding quality, reliable, fully-checked tenants for your property.

We use a variety of online platforms and our own social media systems, as well as our database of tenants to get your property ‘out there’ and marketed effectively. Don’t let an empty property be a lost day of income. Contact us today to find the right tenant for your property.