Investing in Amaia Homes can be one of your great deals when you are in a business industry. Agree? Buying and investing a condo is not just for you to live a happy and a healthy lifestyle, it is also for you to have and make it as one of your business.
Yes. You can definitely make your condo unit as your business. You can let anyone rent it for you to have an extra income. And not just having an extra income, you will have someone who an also take good care of your house while living in it.
But there are also times that looking and choosing for the right tenant can be a hassle on your part. There are people who want to rent your condo unit that are not trustworthy enough for you to let them rent it. Perhaps, you are afraid of being scammed or being fooled by the tenant and you just want to avoid it. That is why, trusting tenants might be hard on your part.
If you are a kind of person who is into business, the only way you can let someone rent your unit is to know how to choose the right tenant for you not to regret later on. Here are some tips you can also refer for you to have a good and a trustworthy tenant.
1. As much as possible, meet applicants personally
There is no harm in meeting the applications personally. You will know what kind of person is he/she when you meet them. By meeting them, you will definitely have a formal talk about how or what are the procedures before and after renting the house.
This is also the time when you can show the legal documents of the house to the tenant for them to trust that you don’t have any problems regarding the property while they are renting it. This is also the time when you are going to have a formal deal with them.
2. Check their background
It is a must for you to be concerned about their background history, especially with their criminal records. You have to be careful in choosing what are the kinds of people who can rent your house. With this, you can identify whether he is a good person or not. as much as possible, avoid people and/or tenants that can also affect your credibility as a business person.
3. Check their credit history
As the owner of the house, it is just your responsibility to check and know if that possible applicant is capable of paying you with the exact money that they have. You also have to confirm whether he is a good payer or not. If you have doubt on him/her, try to ask them whether they have a financial history that they were not able to pay and how they manage to get the said amount.
You have to be very careful when it comes to money matters. Choose the applicant that you know they are capable of paying their monthly dues.
4. Be transparent with the contract/deal
If you want that your tenant will also trust you when it comes to money matters. You also have to make sure and be transparent enough for them to know and understand what the deal is all about. You have to let them know about what are the modes of paying the house.
You also have to make it clear about the policies of the house. If it is ok for them to bring pets or not, and/or other concerns that you want to imply them.That is also if you have concerns.
5. Listen to your instincts
They say, “Always trust your first gut feeling.” Would you agree to that? Well, for some, they believe that when you trust your instincts, it will most likely to happen what your gut instinct is dictating. When you feel like you cannot trust that particular applicant even if it is still your first meeting and you just don’t know why, then you have to think twice before accepting that applicant.
There is no harm if you trust and obey your gut feeling. It will only put you away from an harm that may occur later on.