{"id":352,"date":"2018-02-08T16:14:09","date_gmt":"2018-02-08T16:14:09","guid":{"rendered":"https:\/\/www.cincyrents.com\/blog\/?p=352"},"modified":"2024-03-20T18:27:43","modified_gmt":"2024-03-20T18:27:43","slug":"9-signs-good-property-tenant","status":"publish","type":"post","link":"https:\/\/www.cincyrents.com\/blog\/2018\/02\/08\/9-signs-good-property-tenant\/","title":{"rendered":"9 Signs of a Good Property Tenant"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">A good property tenant is one of the most valuable factors a property owner can benefit from when renting his or her property for investment reasons.<span class=\"Apple-converted-space\">\u00a0 <\/span>A good tenant will help keep your property in good condition, pay rent on time, and will simply make your life as a property owner easier.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Characteristics<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">An initial sign of a good property tenant is one who is friendly, polite, and respectful.<span class=\"Apple-converted-space\">\u00a0 <\/span>These are characteristics to look for in a potential tenant that you will want to work with for a long period of time.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Agree To Screening Process<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Potential tenants should be open to a thorough and consistent screening process.<span class=\"Apple-converted-space\">\u00a0 <\/span>Upon your initial meeting, property owners should address this and ensure the applicant is open to the screening process and has nothing to hide.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Credit Score<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Part of the screening process includes a credit score.<span class=\"Apple-converted-space\">\u00a0 <\/span>A credit score alone can not show the habits of a renter, but it can tell you a lot about the potential renter\u2019s past history and responsibility.<span class=\"Apple-converted-space\">\u00a0 <\/span>Factors included in a credit score may include:<\/span><\/p>\n<ul>\n<li class=\"p1\"><span class=\"s1\">Previous credit payment history<\/span><\/li>\n<li class=\"p1\">Money amount currently owed<\/li>\n<li class=\"p1\">Types of credit cards used<\/li>\n<li class=\"p1\">Recently created credit<\/li>\n<\/ul>\n<p class=\"p1\"><span class=\"s1\">If a potential renter has a good credit score, it is a good indication of a reliable person.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Payment History<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">A good tenant will make full and on-time payments each month.<span class=\"Apple-converted-space\">\u00a0 <\/span>While a credit score can give you a hint of a tenant\u2019s past, digging into their payment history by contacting previous landlords or mortgage lenders they provide on their application will give you an even better idea.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Application Process<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">You can tell a lot about a renter during the application process for your property.<span class=\"Apple-converted-space\">\u00a0 <\/span>A sign of a\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">good tenant during this process is one that is responsive and consistent.<span class=\"Apple-converted-space\">\u00a0 <\/span>Do they reply back to you in a reasonable amount of time?<span class=\"Apple-converted-space\">\u00a0 <\/span>Are they active and eager to help move the process along?<span class=\"Apple-converted-space\">\u00a0 <\/span>If the answer is yes, than odds are they will be the same way as renters.<span class=\"Apple-converted-space\">\u00a0 <\/span>Making your life easier when need to get in touch with them regarding services or repairs to the property in the future.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Punctual<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Part of the application process involves showing your property to potential tenants.<span class=\"Apple-converted-space\">\u00a0 <\/span>Tenants that show up to showings on time show owners that they are interested in the property, respectful, and responsible.<span class=\"Apple-converted-space\">\u00a0 <\/span>All characteristics you want to see in an applicant. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Interest<\/b> <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The most important resource of a property owner is their time.<span class=\"Apple-converted-space\">\u00a0 <\/span>Wasting time on bad applicants can become the most frustrating part of the application process for owners, especially if property investment is a secondary income.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">There are signs if a potential renter is truly interested in your property or not.<span class=\"Apple-converted-space\">\u00a0 <\/span>Are they engaging?<span class=\"Apple-converted-space\">\u00a0 <\/span>Are they asking specific questions about the property?<span class=\"Apple-converted-space\">\u00a0 <\/span>Do they seem excited about the possibility of living there?<span class=\"Apple-converted-space\">\u00a0 <\/span>Are they eager to move onto the next steps in the application process?<span class=\"Apple-converted-space\">\u00a0 <\/span>If the answer is yes, then it is a good indicator they are seriously interested in your property and not going to waste your time.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Employment History<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Obviously, for a tenant to pay in full and on time, they need to have a reliable source of income.<span class=\"Apple-converted-space\">\u00a0 <\/span>Inquire about an employment history for rental applicants.<span class=\"Apple-converted-space\">\u00a0 <\/span>A good tenant will have an income high enough to afford the property\u2019s monthly rent.<span class=\"Apple-converted-space\">\u00a0 <\/span>The timeframe of his or her current employment should also be considered for future reliability.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Eviction History<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Obviously a history of previous evictions for any applicant is a red flag of a potentially bad tenant.<span class=\"Apple-converted-space\">\u00a0 <\/span>An eviction history check should be a priority in your application process.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><b>Conclusion<\/b><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Screening potential tenants during the the renting application process.<span class=\"Apple-converted-space\">\u00a0 <\/span>If you take the time and have the patience it will likely result in a positive economical outcome for you as a property owner.<span class=\"Apple-converted-space\">\u00a0 <\/span>Good tenants tend to rent for longer periods of time while saving property owners the stress, damage, and sometimes funds of managing a bad tenant.\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Obtaining a good tenant is essential, but it can also be time consuming and a hassle.<span class=\"Apple-converted-space\">\u00a0 <\/span>If you retain a property management service you can avoid the tasks such as marketing the property, receiving property inquires, scheduling showings, performing background checks and other application processes.<span class=\"Apple-converted-space\">\u00a0 <\/span>For more information on property management service packages, <a href=\"https:\/\/www.cincyrents.com\/contact.php\">contact Cincy Rents<\/a> today.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A good property tenant is one of the most valuable factors a property owner can benefit from when renting his or her property for investment reasons.\u00a0 A good tenant will help keep your property in good condition, pay rent on time, and will simply make your life as a property owner easier.\u00a0 Characteristics An initial [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[60,61,62],"tags":[],"class_list":{"0":"post-352","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-landlords","7":"category-property-management","8":"category-rental-properties","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>9 Signs of a Good Property Tenant - Property Management<\/title>\n<meta name=\"description\" content=\"If you need assistance 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