Selecting tenants is one of the most challenging jobs for a landlord. Renting to anyone comes with risk, and choosing the wrong tenants can be costly, both in time and money. Landlords should use extreme care in the tenant screening process. A helpful resource for landlords in finding the right tenant is 99 Signs You Shouldn’t Rent To That Tenant. This guide offers things to watch out for when meeting potential tenants.
When selecting tenants, landlords should consider keeping a log of each person who views the rental property, and any specific reasons why the landlord did not offer to rent to the prospective tenants. This will help if the landlord is ever accused of discrimination or unlawfully refusing to rent to a tenant (topics I will discuss in a future post).
Labels: landlord resources, leases