How to find the right rental tenant for your investment property
After purchasing an investment property, you’ll need to find a rental tenant. Rather than allowing the first person who shows interest to move right in, it’s important to follow a few key steps to prevent your own role in a rental horror story.
What you don’t want is a troublesome tenant who is late with the rent, loud and disruptive to the neighbours and doesn’t abide by the rules of your building or property.
If you’ve ever watched an episode of Channel 9’s Today Tonight, you’ll be aware they do exist!
At RPA, our investment property managers take the stress out of finding a rental tenant. We also manage the tenancy throughout the lease period. For you, this means you can rest assured that your investment property is in professional hands.
With our extensive professional networks and a database of tenants looking for a home to lease, our property managers advertise your rental property and screen each applicant to choose the best fit. We follow up their past rental history and call their references to find out as much as we can, before presenting you with suitable candidates.
As the property owner, you make the final decision. We do all the groundwork for you – ruling out inappropriate tenants. Our property managers only suggest applicants we would approve to lease our own rental properties.
When you have selected a tenant, we create a rental agreement with all the appropriate terms and conditions. The tenant then signs and moves in.
So if you’re looking for a tenant for your rental property, avoid the stress of finding one yourself, and contact the investment property professionals at RPA for advice. We’ll come and meet you in your home for a free consultation and answer any of your questions about finding a tenant for your property.