Next Gen Property Solutions, LLC

Blog

Do You Own an Income Property Here Are Four Tips for Finding Great Tenants

Jul 22, 2024 | Uncategorized

Share The Post :
Trusting another individual with your property can be nerve-wracking — it’s difficult to gauge how well they’ll care for their home from a viewing and rental application alone. However, there are several steps you can take to help ensure that you select responsible tenants that will take good care for your property while they live there.

Make Your Home Desirable

When creating your rental listing, show your property at its absolute best and list its attractive features. The listing should be well written with proper capitalization and full sentences, even if it’s only going on Craigslist. Include plenty of photos that are staged nicely to show the full potential of the home both inside and out.

If you want the best applicants, strive to be the best property! You need to attract tenants who are looking for a home rather than a crash pad.

Have A Thorough Application Process

Don’t be afraid to ask for in-depth information from your applicants. The more you know about them the more you can assess what kind of a tenant they’ll be. An application should ask for:

full name
the applicant’s job & their supervisor
their income
current address
government identification (i.e. a photocopy of their driver’s license)
next of kin or an emergency contact
previous landlord references
any additional info you think is necessary

Check References

One of the most important things you can do when choosing a tenant is check their references. At least one reference should be a past landlord, and it’s great to contact a current employer as well. Favor applicants who can prove they’ve been a good renter in the past and who seem to have reliable employment.

When calling references have a prepared list of questions. For past landlords you’ll want to ask about their cleanliness, if there was any damage to the property, noise complaints, or missed rent. When speaking to an employer, make sure to ask how long they’ve been working there, whether they’re a reliable worker, whether they’re respectful, and if they can see them continuing to work there for the long-term.

Check References

Always meet potential tenants in person. See if they have a pleasant demeanor, if they’re easy to talk to and are polite to you, and whether they seem to take care of themselves. Trust your gut — if you have a bad feeling about someone then it may be best to keep looking.

If you are considering selling your home, be sure to contact us at (865) 290-7585 or email us at info@nxgproperties.net so we can provide you with a Fair Cash Offer on your Knoxville house.

Want To Get A Cash Offer On Your Knoxville house?

Please fill out the quick form below, and we will be in touch with you shortly!

Listing vs. Selling To Us

Which route is quicker?
Puts more cash in your pocket?
Has less hassle?

See The Difference Here

Get a Cash Offer Now

Submit your info below, and we'll get in touch right away to discuss your offer

"*" indicates required fields

Property Address*
This field is for validation purposes and should be left unchanged.

Recent Testimonial

  • Jeff

    I recently sold my house to Brent, and while this can be a very stressful process for most, I felt 100% confident by selling to him. Brent was honest, gave great feedback, and helped explain clearly all details and managed the sale professionally. In addition, he was extremely responsive to every question and concern no matter how small.

  • Karla

    Working with Brent during the sale of my house was about as easy as it gets. Having the ability to close on my time frame was huge for me in my decision to sell. All I had to do was take my personal belongings!

  • Jeanne & David

    We recently sold our last rental property to Next Gen Property Solutions. Selling this property was by far the easiest process for us. Brent was very professional and knowledgeable and we basically did nothing but show up for the closing! We would definitely do business again with Brent and Next Gen Property Solutions!