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Ten Dos and Don'ts of Tenant Placement

Updated: Sep 6, 2023

As a landlord or property manager, tenant placement is a crucial aspect of managing your property. The right tenant can help you maintain your property and keep your rental income flowing, while a bad tenant can cause headaches, damages, and even legal problems. Here are some dos and don'ts to keep in mind when it comes to tenant placement:


DOs:


Screen tenants thoroughly

Conduct a thorough screening of every tenant who applies to rent your property. This includes checking their credit history, criminal background, and rental history.


Establish clear criteria

Set clear standards for your ideal tenant and communicate these to potential renters. This can help you attract the right kind of tenant for your property.


Meet the tenant in person

Always meet potential tenants in person and conduct a face-to-face interview. This can help you get a sense of their personality and whether they would be a good fit for your property.


Be clear about the terms of the lease

Be upfront about the terms of the lease, including rent, security deposit, and any other fees. This can help avoid misunderstandings down the road.


Ask for references

Ask for references from previous landlords and employers to get a better sense of the tenant's rental history and employment record.



DON'Ts:


Discriminate against potential tenants

Discrimination against potential tenants based on factors such as race, gender, religion, or national origin is illegal. Always treat every applicant equally and based on their qualifications.


Rush the screening process

Don't rush the screening process just to get a tenant in quickly. Take the time to carefully screen each applicant and don't be afraid to reject someone who doesn't meet your standards.


Ignore red flags

If something seems off about a potential tenant, trust your instincts and investigate further. This could include things like incomplete rental history, evictions, or a criminal record.


Skip the lease agreement

Always use a lease agreement that is clear and legally binding. Skipping this step can lead to disputes down the road.


Avoid communication with the tenant

Maintain clear and open communication with your tenants throughout their lease. This can help avoid misunderstandings and foster a positive landlord-tenant relationship.


You can increase your chances of finding the right tenant for your property and avoid problems down the road. Remember, tenant placement is a critical part of managing your rental property, and taking the time to find the right tenant can save you time and money in the long run.



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